News archive

Portugal Resident2 Jul

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 Jul

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 Jul

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told they should go back to work, after an investigation propelled by a The post Three doctors arrested, 182 pensions withdrawn, as authorities hone in on ‘disability’ fraud appeared first on Portugal Resi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 Jul

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 Jul

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 Jul

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 Jul

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 Jul

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 Jul

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 Jun

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 Jun

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 Jun

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 Jun

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 .

Portugal Resident28 Jun

The possibility that one of Europe’s best-known budget airlines could eventually be broken up has raised questions far beyond the aviation industry. According to The Economist, American investment firm Castlelake The post Could Portugal cope without easyJet? Why a takeover battle matters far beyond aviation appeared fi

Portugal Resident27 Jun

Artificial intelligence has moved from the technology pages to the political pages. In the United States, voters are increasingly worried about job losses, data centres, privacy, energy use and whether The post AI anxiety is coming to Portugal too appeared first on Portugal Resident .

Portugal Resident27 Jun

Portuguese businesses are being put at risk of fines because there are not enough occupational health doctors to carry out legally required medical examinations, according to the Portuguese Association of The post Doctor shortage leaves Portuguese businesses facing fines appeared first on Portugal Resident .

Portugal Resident26 Jun

Fund managers favour equities A March survey by Merrill Lynch found that global fund managers are more bullish on equities than at any time in the past six years. The The post Investment news appeared first on Portugal Resident .

Portugal Resident26 Jun

An annual charity fun run in aid of local children’s charity ACCA raised more than 2,500 euros on October 25. Many children and pets joined in on the run or The post Charity run appeared first on Portugal Resident .

Portugal Resident26 Jun

By DAVID FRANKS features@algarveresident.com David Franks is an accomplished and experienced practitioner in both UK and overseas taxation. He lectures widely on taxation issues, in particular in relation to investment The post Right place, wrong taxes appeared first on Portugal Resident .

Portugal Resident26 Jun

More than 50 people attended the seminar Doing Business in Portugal – How to Cope with the Portuguese Tax System for 2011 on March 24 at Vale do Lobo. The The post Doing business in Portugal seminar appeared first on Portugal Resident .

Portugal Resident26 Jun

INEM, Portugal’s National Institute for Medical Emergencies has launched an investigation into the death of a 20-year-old woman after a VMER specialist emergency response vehicle failed to reach her because The post INEM investigates death of 20-year-old after VMER (emergency response vehicle) ‘declared inoperable’ app

Portugal Resident26 Jun

Portuguese prosecutors have opened a criminal investigation into suspected fraud, document forgery and potential risks to public health linked to chemical supply contracts awarded by state-owned water utility Águas de The post Águas de Portugal chemical contracts under suspicions of fraud and public health risks appear

Portugal Resident26 Jun

After being announced with pomp and circumstance in 2023, the Algarve’s Metrobus project is in serious jeopardy, with local officials warning that €60 million in EU funding could be lost The post Algarve risks losing €60 million in EU funding as Metrobus project stalls appeared first on Portugal Resident .

Portugal Resident25 Jun

Intermarché has strengthened its presence in the Algarve with the opening of a new supermarket in Algoz, following a €4 million investment that has created 45 jobs and expanded retail The post Intermarché invests €4m in new Algoz store appeared first on Portugal Resident .