Portugal Resident2 JulBank of Portugal tightens lending rules as families’ debt risks rise
Portugal’s central bank has tightened its macroprudential lending rules by lowering the recommended debt-service ratio for new loans while extending the maximum mortgage term for younger borrowers. The reason for The post Bank of Portugal tightens lending rules as families’ debt risks rise appeared first on Portugal Re
Algarve Daily News2 JulPortugal declares ‘state of alert’ over heatwave: Country is facing a 40°C ‘powder keg’, Government minister warns
The Government declared a state of alert on Thursday, 2 July, in response to the extreme temperatures forecast until Monday. Warnings have been issued over the worrying combination of oppressive heat and strong winds in Portugal's interior regions, fanning the flames of concern due to a relatively high risk of wildfire
The Portugal News2 Jul5 Things to Do in Mykonos Through Yasam Ayavefe’s Calm Luxury Vision
Mykonos is often described through its brightest images: whitewashed lanes, blue water, beach clubs, sunset views, and the island’s famous summer energy. Yet the best trips are not only built around where visitors go. They are shaped by how easily each day flows.
Algarve Daily News2 JulAlgarvian footballer Mateus Fernandes signed to Tottenham Hotspurs, in club’s most expensive signing ever
Portuguese midfielder and Olhão local Mateus Fernandes has completed a move to Tottenham Hotspur after spending last season at West Ham United, who were relegated from the Premier League.
The Portugal News2 JulAVA rallies efforts in the Algarve to send humanitarian aid to Venezuela
For about 15 years, AVA (Associação Venezuela Amiga), based in Almancil, in the municipality of Loulé, has been working quietly on the ground in southern Portugal.
Portugal Resident2 JulGovernment condemns “atrocious” Russian attack that kills 21 in Kyiv
In line with countries throughout Europe, Portugal’s government has today condemned “the atrocious Russian attacks” of last night that left at least 21 people dead and 85 injured in the The post Government condemns “atrocious” Russian attack that kills 21 in Kyiv appeared first on Portugal Resident .
Portugal Resident2 JulGovernment blames ‘lack of managers’ for completed social housing left vacant for nearly two years
Portugal’s government has acknowledged that additional publicly funded social housing units remain unoccupied – but says the delay is due to the absence of organisations to manage them, rejecting accusations The post Government blames ‘lack of managers’ for completed social housing left vacant for nearly two years appe
The Portugal News2 JulThe Portugal News awarded PME Leader status
On 24 June, at the Lagoa Convention Centre, our company was distinguished with the PME Leader award for its contribution as a local business to the economy of the Municipality of Lagoa.
Portugal Resident2 JulRoad closures announced for Afro Nation festival in Portimão
Drivers in Portimão are being advised to plan ahead this weekend, as extensive road closures and traffic restrictions will be introduced around Praia da Rocha during the Afro Nation Portugal The post Road closures announced for Afro Nation festival in Portimão appeared first on Portugal Resident .
The Portugal News2 JulStrawberry Moon Party Raises €1,470 for Dog Sterilisation in the Eastern Algarve
StreetLife recently held its Strawberry Moon Party at Barbacoa Restaurant in the Algarve, raising an impressive €1,470 for the StreetLife Dog Sterilisation Programme.
The Portugal News2 JulAlentejo and Algarve launch joint tourism campaign
The regional tourism bodies of Alentejo and the Algarve have launched a new promotional campaign targeting Iberian markets.
Portugal Resident2 JulThunderstorm risk looms over Portugal’s World Cup clash with Croatia
Portugal’s World Cup last-32 clash against Croatia in Toronto could be affected by severe weather, with Canadian authorities forecasting thunderstorms and extreme heat around the time of kick-off. Environment Canada The post Thunderstorm risk looms over Portugal’s World Cup clash with Croatia appeared first on Portugal
The Portugal News2 JulNew EU air conditioning guidance could help households reduce summer energy bills
As temperatures climb across southern Europe, new European Union guidance on air conditioning use could help households cut electricity costs while staying comfortable during the hottest months.
Portugal Resident2 JulHe’s out! Portuguese rescue team extracts man trapped over week under rubble in Venezuela
He’s out! The Portuguese FOCON (joint operation force) working around the clock in Venezuela, desperate to extract a man trapped under the rubble of a collapsed shopping centre for over The post He’s out! Portuguese rescue team extracts man trapped over week under rubble in Venezuela appeared first on Portugal Resident
Portugal Resident2 JulALDI expands Algarve footprint with new Quarteira store
ALDI Portugal is continuing its expansion in the Algarve with the opening of a new supermarket in Quarteira this Friday (July 3), creating 28 new jobs and bringing its total The post ALDI expands Algarve footprint with new Quarteira store appeared first on Portugal Resident .
Portugal Resident2 JulAward-winning dancers step out to support Algarve cats
An evening of dance will take centre stage in Lagoa next week as award-winning performers join forces with the Carvoeiro Cat Charity Association (CCCA) to raise funds for cats in The post Award-winning dancers step out to support Algarve cats appeared first on Portugal Resident .
The Portugal News2 JulHeritage on wheels: Algarve gears up for a weekend of classic motoring
A celebration of classic cars will take place in the Algarve on July 10th, 11th and 12th.
Portugal Resident2 JulMinister warns of possible localised power cuts, calls for restraint
With the entire country focused on the ongoing heatwave, the list of do’s and don’ts is growing by the minute. Aside from the prohibitions introduced by the ‘situation of alert’, The post Minister warns of possible localised power cuts, calls for restraint appeared first on Portugal Resident .
Portugal Resident2 JulFaro library and pools open as air-conditioned cooling centres
The Municipal Council of Faro has activated a network of air-conditioned refuges to help residents cope with the current spell of extreme heat, with a particular focus on protecting vulnerable The post Faro library and pools open as air-conditioned cooling centres appeared first on Portugal Resident .
The Portugal News2 JulPortugal had the highest increase in house prices in the EU, according to Eurostat
Despite the slowdown in rental prices, Portugal was the European Union (EU) member state where house prices increased the most year-on-year (17.8%) and the second highest quarter-on-quarter (3.8%) in the first quarter, according to Eurostat.
The Portugal News2 JulPortugal and Spain launch a new cross-border electricity connection
Portugal and Spain are now connected by a new electricity link that will make it easier for both countries to share power and make better use of renewable energy.
Portugal Resident2 JulPortugal’s last circus elephant becomes Alentejo sanctuary’s first resident
Portugal’s last circus elephant has become the first resident at the Pangea sanctuary in Alentejo, marking the opening of what is considered “Europe’s first large-scale sanctuary”. In a statement released The post Portugal’s last circus elephant becomes Alentejo sanctuary’s first resident appeared first on Portugal Res
The Portugal News2 JulCharity Dinners by Helping Hands in the Algarve
Carol & KennyB to perform live pop, Soul & Motown classics in a warm ambience, never too loud!
The Portugal News2 JulFire in Northern Portugal started at 3am
A fire that broke out in Vouzela, Viseu district, at 3am on 2 July, was being fought at 10:20am by more than 200 firefighters, assisted by 45 vehicles and eight aircraft, according to Civil Protection.