House prices drop by 15%
HOUSE PRICES in Portugal have plummeted by a staggering 15-20 per cent this year as fears grow that the country is facing a mini recession. However, part of the problem
Portugal’s richest companies should pay super tax
By: CHRIS GRAEME chris@the-resident.com THE PRESIDENT of Portugal’s third largest commercial bank, Banco Português de Investimento (BPI), has said that companies with profits over 100 million euros should pay super
Consumer group opposes EDP plans
By: CHRIS GRAEME chris@the-resident.com PORTUGAL’S LARGEST consumer organisation is confident that a deal will be brokered that will prevent electricity consumers footing EDP’s 12 million euro shortfall. DECO, which sits
Fugitive found
FORMER BENFICA manager João Vale e Azevedo presented himself at Westminster court in London on Tuesday following the issuing of arrest warrants by the Portuguese authorities (See The Resident edition,
Always equal
By: EDUARDO OLIVEIRA COSTA Eduardo Oliveira Costa is a journalist and publisher of several newspapers across Portugal. He is on the board of several organisations, is president of a football
Birth day
AROUND TWO thousand pregnant women took part in the second Barrigas de Amor, tummies of love, event in Parque dos Poetas, Oeiras, on Sunday, to raise awareness of the birth-rate
PM shows sympathy for the Portuguese
THE INTERNATIONAL financial crisis would be far worse for Portugal if the government had not imposed strict budgetary measures, said Prime Minister José Sócrates. Speaking on RTP 1’s Grande Entrevista,
Car crime
CARJACKING IN Portugal has increased by 55 per cent this year, compared to last year, but there was a drop in violent car theft in June. Statistics from the Gabinete
Hooray for Hollywood – it’s showtime!
By: CHRIS GRAEME chris@the-resident.com GUESTS AT this year’s 4th of July American Independence Day celebrations party fastened their seatbelts for a bumpy night at the Hotel Miragem in Cascais last
Summer of discontent for TAP Portugal
PORTUGAL’S NATIONAL carrier TAP looks set to be dogged by continuing strikes for the rest of June and July if deals over working hours and pay cannot be brokered with

