Portuguese deficit climbs to 40m a day
The economic crisis has caused the Portuguese state deficit to soar to 7.3 billion euros in the first half of 2009. That means that the state rings up a debt
Turning to former colonies for ‘quick money’ is a mistake
By CHRIS GRAEME chris.graeme@algarveresident.com Portugal has become increasingly pessimistic about the future because the country has been in constant crisis since the year 2000, according to a political analyst. Speaking
Fuel rises
Galp and Repsol increased fuel prices at their stations, with diesel rising by two cents per litre and petrol by one cent per litre from Tuesday. The increase in the
Portuguese look to former colonies as economic crisis bites
By CHRIS GRAEME chris.graeme@algarveresident.com Successive economic crises in Portugal since 2002 have led the Portuguese to place less faith in the European Union and focus their hopes on the Portuguese
Mortgage rates
Interest on mortgage rates has hit a historic low in Portugal, having fallen for six consecutive months, allowing home owners with a loan of 100,000 euros to save around 167
Reported crime on the increase
By ELOÏSE WALTON eloise.walton@algarveresident.com Reported crimes are on the increase in the Algarve this summer, especially in popular tourist areas. One area affected is that which includes the luxury resorts
When Portugal discovered the world
By CHRIS GRAEME chris.graeme@algarveresident.com One of the largest and most complete exhibitions about the Portuguese Discoverers opened in Lisbon at the Museum of Old Art last week. Encompassing the Globe
Gearing up for gas emergencies
One quarter of all energy used in the EU, including 20 per cent of electricity, is generated from gas, 60 per cent of which is imported. The European commission is
PPPs boost scientific research
New public-private partnerships have been launched to boost scientific research, long recognised as a stimulus for economic growth. Spending on research and development today will make Europe more competitive tomorrow.
Back to school can be fun!
If you have nerves of steel, are a total speed freak or have petrol running through your veins, then the driving school at the Algarve Motor Park could be for

