“Portugal still has room to increase the tax burden and must use it to strengthen fiscal consolidation in the medium term.”
This is one of the findings of the ‘Fiscal Reforms for EU Member States in 2015,’ released yesterday with Brussels believing that it is possible for Portugal to raise taxes on consumption, property and the environmental as a way of easing income tax.
Portugal is to host the spectacular tall ships race in July next year.
After the successful 2012 event, the tall ships race returns to Lisbon and between 22 and 25 July the cruise ship terminal in Lisbon will host more than 50 iconic sailing ships from around the world.
Confidence in the eurozone among business and consumers has continued to build, topping its highest point in more than four years.
Positive sentiment was found in all major industries, except for the construction sector. Encouragingly, the employment expectations were good among manufacturers, services companies and retailers.
The unemployment rate went up in August to 12.4% in a month that should have seen the figure drop, according to provisional figures from the National Institute of Statistics.
The rate for July is now definitive at 12.3% up 0.2% but the August figure breaks a six month run of decreases which the coalition has used to prove its strategy of austerity has been showing positive economic results.
A well-known TV programme is looking for an expat in charge of a struggling B&B either in Portugal or Spain.
Channel 5’s Hotel Inspector series are hoping to find someone to help make their accommodation business more successful.
A study released today by the World Labour Organisation has concluded that to be old and in need of care in Portugal is not a good option.
Portugal is the country in Europe where the elderly are most marginalised, have the least professional care dedicated to them and certainly have the lowest allocated of money for their care and comfort.
After the dramatic rescue of a German tourist who fell ill during a surfing lesson last week at Tonel beach in Sagres, the local lifeboat had to be called out today to rescue a suffering Turk.
The crew member was suffering from stomach pain and as he was onboard 33 miles south of Sagres the local lifeboat splashed into action to pinpoint and meet the 4,000 tonne Maltese registered oil and chemical tanker Bomar Venus.
It was the British economist EF Schumacher who wrote that small is beautiful and a young firm in Italy is illustrating the concept while helping migrants at the same time.
Funky Tomato was set up earlier this year by a group of farmers in the southern areas of Puglia and Basilicata simply to make passata from locally-grown tomatoes.
