As the country is assailed by pre-election promises from all sides, the grim reality is that it will take the best part of 20 years to bring unemployment in Portugal back to pre-crisis levels.
The message is contained in a report published on Monday by the IMF.
Barclays Bank has admitted that it is pulling out all the stops to sell what remains of its operations in Portugal for fear of what will happen if Greece shows new signs of weakening.
This is the message coming from Portugal’s Económico website this morning, alongside its Spanish pink-page counterpart Expansión.
Days before border control agency inspectors threatened a series of walkouts at Portugal’s airports, strike action has been averted.
Calling it “Government cedes to SEF inspectors’ demands and stops strike”, Diário de Notícias writes that a MoU (memorandum of understanding) was signed between the agency workers’ union and the secretaries of state for Internal Administration.
Environmental organisation Quercus has officially stripped Lagos’ Dona Ana beach of its “gold quality” flag over its controversial sand replenishment project.
The threat had already been made earlier this month and was made official on Wednesday (July 29).
Legacy contact - the Facebook service that allows people to run accounts of the dead - has finally arrived in Portugal after being available elsewhere since February.
Briefly, it involves what Americans call “memorialization”.
Getting a huge “thumbs down” in the nation’s tabloid press for his comments this week, Portugal’s minister for foreign affairs, Rui Machete, has admitted Portugal has “no concrete data” on the number of Portuguese who have gone to fight for Islamic State in conflict zones.
His comments came as Spain has revealed 126 nationals are believed to have left the country to fight for IS.
A nine-metre minke whale was photographed around 400 metres off the coast of Albufeira, near Oura beach. The massive mammal was caught on camera by a crew member of the Ski Molhado boat trip company on Friday (July 24).
Among thousands of Portuguese emigrants returning home this August for their annual summer holidays are scores who plan to take part in the next big protest scheduled to demonstrate against the country’s continued refusal to honour over €720 million in savings by as many as 7,000 families that have effectively been lost in the good bank/ bad bank BES carve-up.
As planes have already started arriving, Rádio Renascenca reveals that “some employees at Novo Banco” - the good bank that is refusing to honour money lost - are getting worried.
