Mortgage costs go up
THE EURIBOR interest rate on home loans climbed by 18 euros a month in April on a 150,000 euro mortgage. Home loan rates reached 4.795 per cent, 20.2 base points
Head of PJ resigns due to media pressure
POLICE CHIEF Alípio Ribeiro blamed his resignation this week on the media pressure from recent high profile cases, including that of missing four-year-old Madeleine McCann. Alípio Ribeiro presented his resignation
Wild walk
ECOTURA, AN association that organises horse-riding holidays and walks in Portugal, is planning a nature walk in the Peneda Mountains, in the north of Portugal. The walk, called Wilderness, will
Oil scare
THOUSANDS OF bottles of contaminated sunflower seed cooking oil on sale in Portugal originated in the Ukraine. The Portuguese food authority Autoridade de Segurança Alimentar e Económica (ASAE) said that
Economic slowdown predicted until 2009
THE GOVERNOR of the Bank of Portugal admitted last week that Portugal’s economic growth in 2008 was likely to hover around 1.7 per cent. “2009 could end up being worse
Sunday hypermarket opening debated
THE QUESTION of whether to allow hypermarkets to open on Sundays and public holidays, extend their opening hours, and the possibility of local municipal authorities deciding the issue for themselves
Iron Lady
FORMER FINANCE minister, economist and politician Manuela Ferreira Leite is standing for the leadership of the centre-right opposition PSD party. Once dubbed Portugal’s ‘Iron Lady’ by the Portuguese press, the
Fire prevention measures for summer unveiled
By: ELOISE WALTON eloise@the-resident.com PORTUGAL’S INTERNAL Administration Minister has said that more than 9,600 fire fighting personnel, 2,300 vehicles and 56 aircraft will be on standby to fight fires in Portugal
Petrol price hikes bring in extra revenue
FUEL PRICE increases in the first few months of the year have brought an extra 205 million euros to state coffers and made petrol companies 775 million euros richer. According
Marvel at comic books
THOUSANDS OF comic book images will be on display at the fourth international comic book festival in Beja. The festival runs until May 25 ,with the bulk of the exhibition

