Bank card problems continue
By PAULO SILVESTRE paulo.silvestre@theresidentgroup.com As more readers contact the Algarve Resident about problems using overseas debit cards to try and withdraw cash from ATMs across the country, police have issued
Bone marrow donation
Portimão GNR headquarters will be holding a bone marrow donor session on May 14 between 11am and 4pm. The target is 1,000 donations and the organisers appeal to all potential
ATM problems clarified by SIBS
Researched by PAULO SILVESTRE paulo.silvestre@theresidentgroup.com Technical issues and not fraudulent activity are behind the ATM problems reported to the Algarve Resident by readers in the last two weeks, says the
Fat cat salaries plummet
Executive salaries for companies quoted on the Lisbon stock market plummeted by around 33% in 2010. The CEOs of PSI 20 companies such as Portugal Telecom, Galp, BES, Sonae SGPS,
May Day overshadowed by rain and crisis
They braved the threat of imminent rain, waving flags and bearing red carnations on their way to Lisbon’s Alameda Park. Public sector workers and supporters of the left-wing parties joined
Construction sector crisis
The construction sector in the region is continuing to face hard times due to the financial crisis. According to the Association of Construction Companies and Public Works (AECOPS), the number
2 out of 5 children in Portugal are living on the breadline
A Government study has revealed that 40% of Portuguese children are living in poverty. Published to coincide with World Children’s Day, the study, carried out by researchers at the Higher
Four presidents call for political responsibility
By CHRIS GRAEME chris.graeme@theresidentgroup.com In an unprecedented show of solidarity in times of economic and social crisis, four presidents of the Republic addressed the nation at this year’s April 25th
Boat show extended
Vilamoura Marina Boat Show has been extended by a week and now runs until Sunday, May 1. The event, which was due to end on April 25, has more than
Millennium bcp profits plummet 21% in first quarter
Portugal’s largest clearing bank, Millennium bcp, saw its profits plunge by 21% in the first quarter of 2011. According to Reuters, profits fell to €75.8 million from €96.4 million registered

