The Standard & Poor's ratings agency says Portugal’s banks continue to face obstacles in generating profits and improving efficiency.
In a statement released last Friday, when Portugal's rating rose from 'BBB-' to 'BBB with a stable outlook,’ S & P commented on the country’s banking sector’s problems which included weak demand for credit.
Officers from Portugal’s Aliens and Borders Service (SEF) announced today that eight people have been identified as illegal workers in various establishments in Albufeira.
A surveillance operation was mounted to spy on staff at two restaurants and one laundry, all in Albufeira.
Five-aside football player Fábio Mendes has died of a suspected heart attack during a match between São João Urgicentro and Portimão on Saturday at the Montes de Alvor stadium.
The player was assisted by nurses at the scene, who performed resuscitation until the arrival of an INEM medical team.
Olhão Council has launched a promotional video to show off the many attractions of the county and the city.
"It has been one of the main purposes of this Council executive to promote tourism in the municipality of Olhão; not a mass tourism, but quality tourism, for those looking for a different, more genuine Algarve. I think that with this video that we have achieved the goal of showing the potential of Olhão and, at the same time, opening the door for those who are thinking of visiting us," said the mayor, António Pina.
I read that, for decades, telecom concessionaires have made incredible profits in Portugal, writes Jack Soifer.
There are sectors where large scale is beneficial but almost anywhere in the world, there is public capital or a golden share in place to prevent abuse by one dominant corporation.
Brexit FAQ – Driving Licences
1. I am a British citizen and I live in Portugal for 6 months of the year. Can I still drive in Portugal on my UK licence?
R: From the day the UK leaves the EU, driving licences issued by the UK will be considered third country licences at which time the applicable legislation will be that which relates to the recognition of third country licences. 1
The collapse of a section of cliff on the morning of August 21, 2009, caused the death of five people who were on holiday in the Algarve.
The case against the State, now being heard in court, is that the dead and injured were unaware of the risk of collapse at Maria Luísa beach, Albufeira.
Environmental organisation, Almargem, has weighed into the fight to protect Ponta João de Aréns near Alvor from a three hotel development, referring to the clifftop area as, “one of the last and most notable untapped coast of the municipality of Portimão.”
“Marked by its unique natural landscape, this stretch of coastline has long awakened the appetite of several real estate developers...”
