Latest news and stories about cost of living in Lisbon, Lisboa, Portugal for expats and residents.
They want the President of the Republic to treat the problem as a “national emergency,” as significant as the health crisis. Additionally, the PS secretary-general advocates for a revision of the Law on the Financing of Autonomous Regions.
The Casa para Viver platform delivered an open letter to the President of the Republic at the Belém Palace (Palácio de Belém) calling for the housing crisis to be treated as a national emergency. The movement is demanding rent regulation, mortgage relief, and a veto on legislation that would accelerate evictions. Residents should note that nationwide protests are scheduled for March 21 in 14 different cities.
Belém is the presidential palace (Palácio de Belém), the official residence and workplace of Portugal's president; it has served as the presidential seat since 1911 and sits in the Belém district of Lisbon near the Tagus River. The incoming president will be sworn in there on 9 March, and those in Lisbon may see public events or media coverage around the palace during the inauguration.
Lisbon, Portugal's capital, has been ranked as the most affordable destination for a five-star city break for UK tourists, with average costs around £308 for two nights. The city offers luxurious accommodations such as the VIP Grand Lisboa Hotel & Spa and The Vintage Lisboa Hotel at competitive prices, including options with flights. Lisbon's vibrant wine culture, especially vinho verde, is both high-quality and budget-friendly, with glasses costing just a few euros and bottles around three euros in supermarkets. Visitors can enjoy spectacular city views from rooftop bars like Park Bar, and indulge in the city's rich architecture, lively food scene, and history—all while keeping expenses low. This makes Lisbon an attractive, affordable luxury destination for UK travelers.
A reflection on how Lisbon's Baixa-Chiado district has transformed into an exclusive enclave for international residents, where a 'gourmet' lifestyle remains affordable for those earning foreign salaries, while the realities of local life are largely ignored.
The webpage provides a broad overview of current news related to Portugal, covering political developments, economic issues, and sports. Notably, Ventura denies any “misalignment” following his removal from a position at CML and a request from Matias. The government faces criticism over housing policies, with Casa para Viver issuing an open letter about the housing emergency in Belém. Politically, PS Defense Minister Carneiro criticizes the government's perceived incapacity. President Marcelo Rebelo de Sousa is conducting open presidential visits across several cities. In sports, FC Porto continues its pursuit of the league title, and there are notable events in football and other sports. Additionally, international news includes updates on the Middle East, Brazil, and Israel, with specific references to Netanyahu and Iran. Overall, the site offers a comprehensive snapshot of Portugal's political, economic, and sporting landscape, alongside significant international updates.
While participating in a demonstration against US attacks on Iran, the communist and Bloco leaders converged on what the reaction to the price hike crisis, resulting from the conflict in the Middle East, should be.
Paulo Raimundo (PCP) and José Manuel Pureza (Bloco de Esquerda) called for the government to regulate and cap prices on essential goods, fuel, and banking fees during a demonstration in Lisbon. The protest, organized by the Portuguese Council for Peace and Cooperation, also condemned the actions of the US and Israel against Iran, with both political leaders criticizing the Portuguese government's alignment with these international policies and its failure to tax the 'obscene profits' of large corporations during the current inflationary crisis.
Ana Paula dos Santos has been living in a room with her four children for a year. The bill paid by the State, which has already exceeded 21,000 euros, would have been enough to rent a house. Does this model make sense?
They are demanding 15% salary increases for public servants and criticising the lack of response from the Minister of State and Finance to a request for negotiations submitted in January.
The Common Front holds the Minister of Finance responsible for the demonstration, as they have been waiting for over a month for a response from the government regarding a request for interim negotiations.
Approximately 500 people protested in Lisbon this Friday demanding salary increases in the public administration following the Ministry of Finance's failure to respond to the demands of the Common Front of Public Administration Unions. The protest began at Praça da Figueira and moved to the Ministry of Finance. Demonstrators carried banners calling for better working conditions and the valorisation of public sector workers. Sebastião Santana, coordinator of the Common Front, criticised Finance Minister Joaquim Miranda Sarmento for the lack of response to a negotiation request submitted in January. The union is demanding a 15% salary increase with a minimum of 150 euros to combat the loss of purchasing power. Tiago Oliveira, secretary-general of the CGTP, also attended, criticising the government of Luís Montenegro for its approach to labour relations and its handling of other sectors, such as the Lusa news agency.
The protest comes after the Ministry of Finance failed to respond to the demands of the public administration.
The price of Deco's food basket rose to 254.12 euros this week. CNN Portugal visited the Alvalade market to understand how this increase is being felt.
There is a protest organised by the Frente Comum this Friday in Lisbon to demand an interim increase in salaries and pensions.
The webpage features various news updates related to Portugal, including political, economic, and social issues. Key highlights include António Costa criticizing the lifting of sanctions on Russian oil, expressing concern over potential consequences. There is also coverage of a police officer injured during a chase on the Ponte 25 de Abril, and protests in Lisbon demanding higher wages in the public sector. Additionally, the site reports on Portugal's weather forecast indicating an early transition from winter to spring, and a supercomputer analysis assessing the chances of FC Porto and Sporting Braga in the Europa League. Overall, the page provides a broad overview of current events impacting Portugal across multiple domains.
The imbalance between supply and demand persists, with 9,600 houses sold but only 4,250 licence applications for new homes. Lisbon is increasingly sought after by foreign investors and buyers.
The webpage provides a variety of recent news updates related to Portugal, including political, economic, and social issues. Key highlights include a meeting between Portugal's President Montenegro and Prime Minister Seguro in Belém, emphasizing cordial relations. The government announced it will maintain fuel discounts if price increases exceed 10 cents. Additionally, there are legislative updates, such as amendments to rental laws. Investigations are ongoing into corruption at the Santa Maria hospital, where a long-standing scheme involving morgue staff was uncovered. Other notable stories involve allegations of mistreatment in a childcare center in Alfragide and political tensions with the ERC opening a process against TVI. The site also covers international news relevant to Portugal, such as the Ukraine conflict and global events.
The webpage provides a collection of recent news highlights related to Portugal, including political, economic, and social issues. Key topics include a cordial meeting between Portugal's President Montenegro and Prime Minister Seguro in Belém, discussions on maintaining fuel discounts if price increases exceed 10 cents, and government approval of amendments to rental laws. Investigations are underway into a long-standing scheme at Santa Maria Hospital's morgue involving employees receiving illicit payments for years. Additionally, there are reports on political tensions, such as searches related to suspected corruption, and ongoing coverage of the Ukraine conflict. The site also features sports updates, including a live report on a Europa League match involving FC Porto, and other international news stories.
Chega plans to propose the reinstatement of zero VAT on essential goods, a measure they aim to limit until the end of the year. Additionally, the party is advocating for further government action to reduce fuel taxes.
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.
European stock markets and the euro are experiencing declines as oil prices surge due to escalating conflict in the Middle East, particularly in Iran. US oil prices rose by 8% to $72.40 per barrel, while Brent crude increased by 8.8% to $79.30 per barrel. Natural gas futures in Europe saw a significant rise of over 40% following a production halt by Qatar. Gold prices also increased by 1.2% as investors sought safer assets amid uncertainty. Wall Street opened lower, with the Dow Jones down 0.70%, the Nasdaq down 0.58%, and the S&P 500 down 1.09%. In Europe, while the Lisbon stock exchange remained relatively stable, major markets like Madrid, Frankfurt, Paris, and London faced notable declines. The euro fell to $1.1703, down from $1.1817, and also weakened against the pound and yen.
Reported house prices rose 16% year‑on‑year, but the data provided appears inconsistent: the body states prices reached €2,111 per square metre in Q3 last year, while the headline claims €5,000 per square metre in Lisbon. This likely reflects different measures or geographies (national average vs Lisbon city centre, asking vs transaction prices). Verify source breakdowns and timing; implications include tighter affordability, stronger expat/investor demand in Lisbon, and amplified regional divergence in the housing market.
