Latest news and stories about regional finance in Portugal for expats and residents.
“Very unlikely, not to say impossible.” This is how the Prime Minister defined, this Wednesday in Parliament, the possibility of including the Regional Finance Law in the next State Budget (OE2027). Luís Montenegro's statements contradict the intentions of the President of the Regional Government of Madeira, who argues for the exact opposite. Miguel Albuquerque has...
The leader of the Madeiran executive says the decision was made with the Ministry of Finance and points to a proposal by the end of this year, although a formal order is not yet known.
The group is made up of “various entities, has representatives from the region, [and] from the Ministry of Finance”.
Albuquerque advocates for the revision of the Regional Finance Law and accuses the State of neglecting sovereignty in the Madeiran territory.
In his first official act after being re-elected secretary-general of the PS, José Luís Carneiro stated he has “absolute respect” for the autonomy of the Azores and Madeira and a “willingness to empower that same autonomy.”
The government confirms that the statistical separation of the Lisbon Metropolitan Area will only take effect in the next EU funding framework, from 2028.
