Portugal Resident9 AugMillions of euros in government support for farmers ‘disappears within minutes’
Livestock farmers are querying the result of two recent ‘campaigns’, offering millions in funding, with a maximum of €30,000 available to each contender. Both were heavily publicised by IFAP (the The post Millions of euros in government support for farmers ‘disappears within minutes’ appeared first on Portugal Resident
The Portugal News9 AugAzores Government acquired two new robotic surgery systems
The Government of the Azores has approved public tenders for the acquisition of two new robotic surgery systems for the hospitals in Terceira and Horta, representing an investment of approximately 3.8 million euros, it was announced.
The Portugal News8 AugPortuguese municipality investing more than €190.000 in water supply
The Municipality of Espinho will spend €190,790 to construct 146 service connections to the water supply and sanitation networks, the local authority revealed; the move aims to begin addressing 488 requests that have been “pending for several years.”
The Portugal News8 AugAlentejo betting on environmental restoration with European funds
The Alentejo 2030 program has launched a call for proposals to support environmental restoration projects for abandoned quarries in the region, backed by three million euros in EU funding, it was announced.
Algarve Daily News7 Aug‘Algarve is a rich region, but with poor workers’: Trouble in paradise, as locals call for changes to the region’s paradoxical economy
A street demonstration in Faro today, 7 August, organised by the Algarve Trade Union Federation (USAL), called for an end to precarious employment, higher wages, and better living conditions for everyone in the region.
Portugal Resident7 AugPresident approves welfare reform protecting up to €620 million in PRR funding
President António José Seguro has approved the government’s new Single Social Benefit, allowing Portugal to safeguard up to €620 million in European recovery funding — warning that no existing recipient The post President approves welfare reform protecting up to €620 million in PRR funding appeared first on Portugal Re
The Portugal News7 AugBusiness creation in Portugal falls 4.2%
The pace of new business creation in the Portuguese market slowed during the first seven months of the year, with approximately 32,300 companies incorporated by July, a 4.2% decrease compared to the same period last year.
The Portugal News7 AugThe biggest risk for companies no longer comes from the economy!
For decades, business management was guided by major economic indicators such as inflation, interest rates, GDP growth, consumption or unemployment, which determined a large part of investment decisions. Companies were preparing to face more or less favorable economic cycles and adjusted their strategy according to thi
Portugal Resident7 AugGaia shoe factory closes after receiving PRR funding, workers unpaid
A footwear factory in Vila Nova de Gaia has closed permanently after receiving public funding through Portugal’s Recovery and Resilience Plan (PRR), leaving dozens of workers uncertain whether they will The post Gaia shoe factory closes after receiving PRR funding, workers unpaid appeared first on Portugal Resident .
The Portugal News7 AugLEDEX Forum announces five confirmed speakers for Algarve AI conference
The programme will cover better decisions, documented business processes, AI systems and the changing way customers discover brands online.
Portugal Resident7 AugMurder investigation opens after couple found dead at home in Sintra
Breaking news this morning is that a young couple has been found dead at their home in Armés, in the borough of Sintra, and that PJ police have opened a The post Murder investigation opens after couple found dead at home in Sintra appeared first on Portugal Resident .
Portugal Resident6 AugGovernment ploughs €1.58 billion into upgrading electrical grid to meet ‘challenges of energy transition’
The government has approved the Development and Investment Plan for the National High- and Medium-Voltage Electricity Distribution Network (PDIRD-E 2026–2030), with a total planned investment of €1.58 billion. In a The post Government ploughs €1.58 billion into upgrading electrical grid to meet ‘challenges of energy tr
The Portugal News6 AugThe $40 Billion Portugal Story Most Investors Are Missing
When most people hear that Portugal could receive more than $40 billion in U.S. technology investment by 2031, most immediately think about artificial intelligence, cloud computing, and data centers.
The Portugal News6 AugInvestment no longer buys only factories - Buys knowledge
Whenever a new foreign investment in Portugal is announced, attention is almost always focused on the same indicators: the amount invested and the number of jobs created. These are important metrics, but they are no longer enough to assess the true economic impact of these projects.
Algarve Daily News4 AugAlgarvians to take to streets of Faro in protest against low wages and rising cost of living
The Algarve Union of Trade Unions (USAL/CGTP-IN) has called a regional day of action for 7 August in Faro, demanding better living and working conditions, and warning of what it describes as a labour market marked by insecurity, low wages, and a rising cost of living.
Portugal Resident4 AugAlgarve workers to rally over wages and living costs
Workers from across the Algarve are being urged to join a regional protest in Faro on Thursday, August 7, as trade union federation USAL/CGTP-IN steps up its campaign for higher The post Algarve workers to rally over wages and living costs appeared first on Portugal Resident .
The Portugal News4 AugAssociation demands immediate suspension of tender for new Girabolhos dam in Portugal
The Zero association demanded on 4 August the immediate suspension of the tender for the Girabolhos dam, on the Mondego River, considering that the procedure presents technical, economic and legal weaknesses.
The Portugal News4 AugThe day Portugal changed its position
Amazon Web Services' decision to install in Portugal one of the first Local Zones of its European Sovereign Cloud should be read beyond yet another technological investment announcement: it represents a relevant moment for the country's positioning in the European digital economy.
The Portugal News3 AugFake green receipts and undeclared work have tripled over the past four years in Portugal
Undeclared jobs and fake self-employment receipts have tripled within the past four years, with the construction, agriculture and restaurant industries being especially affected.
The Portugal News3 AugGovernment authorises nearly €80 million in funding for roadworks in Portugal
The Government has authorised Infraestruturas de Portugal (IP) to incur expenditure of €79.7 million through 2028 for repairs to roads damaged by storms in January and February across six districts.
Portugal Resident3 AugPortuguese economy defies turmoil as 2% growth comes within reach
Portugal’s economy has emerged from a turbulent first half of the year in considerably better shape than expected, making annual growth of around 2% increasingly likely — and raising the The post Portuguese economy defies turmoil as 2% growth comes within reach appeared first on Portugal Resident .
The Portugal News3 AugBitMEX Is Closing: What Crypto Traders Should Do Before 23 September
One of the oldest names in cryptocurrency is switching off the lights. BitMEX, the derivatives exchange that introduced leveraged trading to an entire generation of crypto investors, will permanently close on 23 September 2026. The wind-down is already underway: new registrations have stopped, and from 26 August the pl
The Portugal News3 AugMicrosoft Stock Surges, MoneySimpler Helps Investors Build Passive Income with AI Automated Trading
Microsoft's stock price has recently continued to rise, benefiting from the sustained growth of its artificial intelligence business and the strong performance of its Azure cloud services, leading to a surge in investment interest across the technology sector.
Portugal Resident3 AugBlack economy: undeclared workers, false green receipts triple in four years
After so many laws have tried to rein in the ‘black economy’ and ensure everyone pays the correct and necessary taxes, undeclared work and fake self-employment invoices (green receipts)* are The post Black economy: undeclared workers, false green receipts triple in four years appeared first on Portugal Resident .