Bumper gains at central bank
2021’s profits see more money funneled into State Budget The Bank of Portugal ended 2021 with €508 million in liquid gains. The total represents €42 million more than had been
Public sector syndicates threaten strikes and protests
Fury increases over government’s proposed State Budget Public sector workers are threatening strikes and protests unless the government rethinks salaries as outlined in this year’s State Budget. Finance minister Fernando
State Budget 2022 arrives in parliament this afternoon
Months late and unlikely to satisfy (m)any Months late, and unlikely to satisfy (m)any, the PS government’s State Budget (OE2022) will be presented to parliament this afternoon. With inflation already
War obliges government to re-think 2022 State Budget
This is just one of the headlines this weekend illustrating the collateral effect of war in Ukraine. Portugal’s 2022 State Budget is already desperately ‘late’ (in that its veto last
Government faces ‘marking time’ till April; budget unlikely to be passed before July
Due to the “monumental fiasco” requiring repeat-voting among emigrés in Europe (click here), Portugal’s PS government faces ‘marking time’ until April – the closest date for a new executive to
State signs 13 mining contracts two days after State Budget collapse
The Portuguese State, in this case the department of geology and energy (DGEG) signed 13 mining contracts two days after the State Budget collapsed last week. Although the timing appears
Strikes, strikes, strikes… November pitted by industrial action across multiple sectors
The ‘good news’ is that pharmacists have called off their strike ‘at the 11th hour’. It was due to have started today and run through to next Tuesday. But the
Months of political limbo ahead “just when government poised to fire up economy”
Rejection of the State Budget in parliament yesterday consigns Portugal “to months of political limbo just when the government was poised to fire up the economy after the Covid-19 pandemic
“Portugal’s election campaign has already begun”, warns political commentator
With television stations concentrating today on the debate in parliament ahead of voting on the State Budget tomorrow afternoon, political commentator Bernardo Ferrão has said there is no point wasting
Portugal’s political crisis: government enters debate today affirming it has never gone so far to satisfy the left
Portugal’s political crisis enters a new phase today: the debate in parliament leading up to tomorrow’s first vote on the apparently deadlocked State Budget. Negotiations have spectacularly broken down with