Portugal Resident10 JulNew digital euro will hold its own against U.S. dollar, says finance minister
Portugal’s minister of finance has said today that the future digital euro – which is now being discussed within the European Union (EU) – will enable the currency to assert The post New digital euro will hold its own against U.S. dollar, says finance minister appeared first on Portugal Resident .
Portugal Resident10 JulBroken air conditioning leaves Algarve tax offices sweltering – union
A trade union representing tax authority workers is calling for urgent action after warning that several tax offices across the Algarve are operating without functioning air conditioning, leaving staff working The post Broken air conditioning leaves Algarve tax offices sweltering – union appeared first on Portugal Resi
Portugal Resident10 JulPortugal joins €15 billion European tech fund to keep unicorns from moving to U.S.
Portugal will join the second phase of the European Tech Champions Initiative (ETCI 2.0), a major investment vehicle designed to help Europe’s fastest-growing technology companies remain in the continent rather The post Portugal joins €15 billion European tech fund to keep unicorns from moving to U.S. appeared first on
Portugal Resident10 JulFuel price rise will be painful: diesel expected to jump 7 cents/ litre
Drivers, haulage companies and businesses generally in Portugal are expected to face a sharp increase in fuel prices next week, with diesel forecast to rise by seven cents per litre The post Fuel price rise will be painful: diesel expected to jump 7 cents/ litre appeared first on Portugal Resident .
Portugal Resident9 JulPrices at pumps set to rise due to renewed Middle East hostilities
With various sources today already suggesting fuel prices at the pumps will be rising again next week, the government has admitted ‘concern’ over the economic impact of the latest resurgence The post Prices at pumps set to rise due to renewed Middle East hostilities appeared first on Portugal Resident .
Portugal Resident9 JulSwiss developer Qantara invests €468 million in Grândola logistics park
Qantara Capital is moving ahead with a €468 million logistics park in Grândola, five years after first announcing plans for the business, logistics and industrial hub. The Grândola Logistics Park The post Swiss developer Qantara invests €468 million in Grândola logistics park appeared first on Portugal Resident .
Portugal Resident8 JulSix arrested over alleged violent theft ring targeting elderly people in Algarve
Six people have been arrested after a months-long investigation into an alleged organised crime group accused of carrying out violent robberies against elderly and vulnerable people in the Algarve. The The post Six arrested over alleged violent theft ring targeting elderly people in Algarve appeared first on Portugal R
Portugal Resident5 JulCastelo Branco refuses to roll over for ‘green investment’
The relentless swathe of ‘green energy investments’ taking Portugal by storm is becoming more and more difficult for communities to accept – no matter how ‘absolutely necessary’ the plundering of The post Castelo Branco refuses to roll over for ‘green investment’ appeared first on Portugal Resident .
Portugal Resident5 JulMushroom business puts Portugal at the forefront of a growing wellness trend
Portugal is rapidly gaining recognition for its wines, olive oil and organic agriculture, but a growing number of entrepreneurs believe the country’s next natural success story could be functional mushrooms. The post Mushroom business puts Portugal at the forefront of a growing wellness trend appeared first on Portugal
Portugal Resident3 JulEyeconic celebrates two years of clear vision in Vilamoura
Eyeconic celebrated its second anniversary in Vilamoura on July 1, welcoming clients, friends and business partners to mark two successful years of providing professional eye care and stylish eyewear to The post Eyeconic celebrates two years of clear vision in Vilamoura appeared first on Portugal Resident .
Portugal Resident3 JulNew refinery in Sines to create 150 direct jobs
ACM – Alchemy & Critical Metals to build antimony refinery State-owned ACM – Alchemy & Critical Metals intends to build an antimony refinery in the Sines Industrial and Logistics Zone The post New refinery in Sines to create 150 direct jobs 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 JulProsecutors seek conviction of businessman Mário Ferreira in €1 million tax fraud case
Portuguese prosecutors have asked a court to convict businessman Mário Ferreira on charges of aggravated tax fraud, arguing that the 2015 sale of the Atlântida passenger vessel to a Maltese The post Prosecutors seek conviction of businessman Mário Ferreira in €1 million tax fraud case appeared first on Portugal Residen
Portugal Resident2 JulThree doctors arrested, 182 pensions withdrawn, as authorities hone in on ‘disability’ fraud
Three doctors have been arrested, and 182 people receiving ‘early retirement pensions due to disability’ have been told they should go back to work, after an investigation propelled by a The post Three doctors arrested, 182 pensions withdrawn, as authorities hone in on ‘disability’ fraud appeared first on Portugal Resi
Portugal Resident2 JulPortugal returns to train manufacturing with biggest rail investment in decades
Portugal is set to manufacture passenger trains again for the first time in around 25 years after construction officially began on a new Alstom factory in Matosinhos, marking what the The post Portugal returns to train manufacturing with biggest rail investment in decades appeared first on Portugal Resident .
Portugal Resident2 JulNew Minho-Galicia electricity interconnection launched today
Portugal and Spain are inaugurating a new electricity grid interconnection today, representing an investment of €70 million on the Portuguese side, aimed at strengthening electricity exchanges between the two countries The post New Minho-Galicia electricity interconnection launched today appeared first on Portugal Resi
Portugal Resident2 JulSeguro hails ‘very positive’ ties with France after Macron talks
Portugal’s President, António José Seguro, has described relations with France as being at a “very positive” stage following talks with French President Emmanuel Macron in Paris, highlighting stronger economic cooperation The post Seguro hails ‘very positive’ ties with France after Macron talks appeared first on Portug
Portugal Resident2 JulGalp project could create 100,000 jobs in Matosinhos
Galp‘s proposed Innovation District on the site of its former Matosinhos oil refinery could generate more than 100,000 jobs and contribute around €65 billion to Portugal’s economy over the next The post Galp project could create 100,000 jobs in Matosinhos appeared first on Portugal Resident .
Portugal Resident1 JulPortugal among Europe’s Top Five growth markets – but living here is the problem
Portugal has been ranked among the five European countries with the strongest growth potential for 2026, driven by a growing working-age population, an expanding startup ecosystem and increasing employment in The post Portugal among Europe’s Top Five growth markets – but living here is the problem appeared first on Por
Portugal Resident1 JulPSD Algarve warns further Central Hospital delays ‘will not be forgiven’
The Algarve branch of Portugal’s Social Democratic Party (PSD) has urged local authorities and the government to resolve their dispute over funding access roads to the future Algarve Central Hospital The post PSD Algarve warns further Central Hospital delays ‘will not be forgiven’ appeared first on Portugal Resident .
Portugal Resident30 JunBrussels piles pressure on government over PSU (single social benefit)
Portugal has just two months to complete one of its most politically sensitive welfare reforms, or risk losing €620 million in European Union recovery funding. The European Commission has made The post Brussels piles pressure on government over PSU (single social benefit) appeared first on Portugal Resident .
Portugal Resident30 JunPortugal and Spain considered ‘top destinations for industry’
Portugal and Spain are among the most attractive industrial destinations in Europe due to their competitive energy costs and levels of productive investment that exceed those of the major European The post Portugal and Spain considered ‘top destinations for industry’ appeared first on Portugal Resident .
Portugal Resident29 JunPortugal launches ‘Amália’ AI model as open-source alternative for Portuguese
Portugal will officially launch Amália, its first large language artificial intelligence model designed specifically for ‘European Portuguese’, on Wednesday, making the technology available as open-source software for government bodies, businesses, The post Portugal launches ‘Amália’ AI model as open-source alternative
Portugal Resident29 JunPSP police rescue woman in tactical raid on Porto apartment
A woman was rescued by Portuguese police today after a tactical operation at an apartment in Porto as part of an investigation into alleged domestic violence. The operation was carried The post PSP police rescue woman in tactical raid on Porto apartment appeared first on Portugal Resident .