Latest news and stories about government policy in finance in Lisboa, Portugal for expats and residents.
The war in the Middle East and the resulting energy crisis are topics that will be at the centre of the fortnightly debate. It is expected that changes to labour law will also be addressed by the opposition in the Assembly of the Republic.
This Wednesday is marked by Prime Minister Luís Montenegro's return to Parliament for a fortnightly debate dominated by the effects of the war in Iran and energy costs, on the same day that the President of the Republic, António José Seguro, begins consultations with political parties at Belém. Also in Portugal, it is the day for the presentation of...
On the day of the fortnightly debate with Luís Montenegro, the central theme is expected to be the consequences of the war on the Portuguese economy. On the same day, the head of state receives the PSD, PS, IL, and Livre parties at Belém.
The Minister of Finance stated that companies should take a leading role in the digital transition and highlighted that, despite adversities, they have managed to generate opportunities.
The Minister of Labour reconvenes with the UGT and business confederations to resume labour law reform negotiations following an appeal from the President of the Republic to resolve the recent impasse.
The party is seeking explanations for what it considers to be “scandalous benefits” for Mário Centeno, former governor of the Bank of Portugal.
The webpage provides a broad overview of current news in Portugal, highlighting political, economic, and cultural events. Key points include the upcoming re-election of Carneiro in the PS party's direct elections, and the recent departure of Mário Centeno from the Bank of Portugal. Additionally, there are reports on the CGTP's unexpected visit to the ministry, and the controversy surrounding the Colégio de Cascais's different meal policies for paying students. The site also covers international topics relevant to Portugal, such as the ongoing Ukraine conflict and global political developments. Overall, the webpage offers a comprehensive snapshot of Portugal's political landscape, economic updates, and cultural happenings.
The webpage provides a collection of recent news highlights related to Portugal, covering various topics such as politics, economy, culture, and international affairs. Key points include the CGTP union's planned visit to the ministry despite not being officially summoned, the departure of Mário Centeno from the Bank of Portugal, and ongoing developments in the Ukraine conflict. Additionally, there are reports on domestic issues like the controversy over meal policies at a school in Cascais, weather forecasts indicating a dry start to the week followed by rain, and updates on health sector complaints and hospital initiatives. The site also features cultural news, including the Oscars' history and lottery results. Overall, it offers a broad overview of current events impacting Portugal across multiple sectors.
The webpage provides a broad overview of recent news related to Portugal, including political developments, economic updates, and cultural events. Notably, the CGTP union plans to visit the ministry on a day when a meeting is scheduled, despite not being officially invited. Mário Centeno has left his position at the Bank of Portugal and is now retired. Other highlights include Portugal's participation in international discussions, such as the Ukraine conflict, and domestic issues like the controversy over different meal options for students at a school in Cascais. Additionally, there are updates on weather forecasts and cultural topics, including the Oscars and local educational policies.
The president of Chega deemed the extraordinary discount of 3.55 cents per litre on the ISP for road diesel insufficient and accused the Prime Minister of making misleading statements about an ISP discount in the last biweekly debate.
Leader of Chega, Ventura, has called on the Government to return the additional VAT revenue generated from the recent rise in fuel prices, emphasizing the need to differentiate between individuals and businesses. He criticized the Government's response to the fuel price crisis, particularly the insufficient discount on road diesel, and plans to push for an urgent debate in the Assembly of the Republic.
Fuel prices are set to rise exponentially next week due to American attacks in Iran. However, while the government's discount will reduce the increase in diesel prices from 25 to 19 cents, the 7-cent increase in petrol will have to be borne by consumers.
Thousands of demonstrators took to the streets in Lisbon and Porto to protest against the government's proposed changes to the labour law, known as the 'Work XXI' reform. Led by the CGTP union, the protests highlighted concerns that the reforms would negatively impact workers' rights. CGTP's Secretary-General, Tiago Oliveira, called for the government to withdraw the labour package, emphasizing its detrimental effects on the workforce.
A study presented in Lisbon warns that reliance on industrial policies may lead to “lower economic benefits” compared to structural policies.
Portugal is seeking to enhance its appeal to Middle Eastern investors, particularly from Qatar, by shifting its marketing strategy beyond just its favorable climate. In Doha, representatives from Startup Portugal are engaging with local entrepreneurs to promote investment opportunities in the country.
The Minister of Agriculture announced today in Torres Vedras a €40 million support scheme aimed at restoring agricultural capacity damaged by adverse weather.
In the early hours tomorrow a new low-pressure system will move into Greater Lisbon, bringing heavy rain.
The Mayor of Lisbon calls for the creation of a specific plan to resolve the housing crisis, warning that municipal councils will be left without financial capacity after the programme ends.
The Mayor of Lisbon urges Member States to consider creating a European fund dedicated exclusively to housing and reminds that PRR funds will be exhausted in June this year.
The president of the Lisbon City Council (CML) asked on Friday for support from the European Union (EU) from the second half of the year, when the execution deadline of the Recovery and Resilience Plan (PRR) for projects in the capital ends. Carlos Moedas took advantage of the European Commissioner's visit to Portugal to request a 'Next Generation ...'
Carlos Moedas justified the proposal, emphasising that “many councils, after June, are left with either national support or their own capital, but they do not have the capacity for such large amounts”.
Cascais municipality has taken out a €30 million loan to stymie property speculation on 32-plots close to ‘millionaire paradise’ Quinta da Marinha. Correio da Manhã reports today that the council The post Cascais municipality takes out €30 million loan to stymie property speculation appeared first on Portugal Resident.
Cascais City Council has exercised its right of first refusal to buy 32 plots near Quinta da Marinha for €30 million, blocking a sale the owner had negotiated with two private firms. The council approved a loan to finance the acquisition, raising issues about use of public funds to secure strategic, high-value land in one of the municipality’s most expensive areas and the implications for local planning and market dynamics.
The proposal from the PSD/CDS-PP/IL coalition, which governs without an absolute majority, passed with the support of Chega. PS, Livre, BE, PAN, PCP and PEV voted against the planned expenditure of €1,345 million.
