Sonae boss gives thumbs-down to price setting (in bid to stop rising food prices)
Portugal Resident
Sonae boss Cláudia Azevedo has warned today that in an “open and global market” such as food distribution the setting of maximum prices “always works out wrong” and is more likely to result in “empty supermarket shelves”. Talking to Lusa today on the presentation of the group’s 2022 accounts, she insisted “trying to fix prices […]
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Lisbon mayor challenges government to “lead by example” re vacant housing ‘grab’
Portugal Resident
Lisbon mayor Carlos Moedas has taken one of the government’s least popular ideas to fix the housing crisis, and challenged it to “show by example”. The planned ‘vacant property grab’ is so “radical an invasion of the domain of private property” that political leaders should first rent out the vacant properties that the State has […]
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30% ‘cost overrun’ on Porto Metro expansion means government has to find extra €84 million
Portugal Resident
Portugal’s environment ministry has confirmed that the cost of construction work on the Porto Metro’s Pink and Yellow lines has increased by 29% and 30% respectively, about €84 million, according to a response  from the ministry to PSD MP Firmino Pereira. The initial cost of the contracts was €98.9 million. The ministry explains “the increase […]
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O-negative ‘corruption’ case: Judge throws out bulk of charges
Portugal Resident
Judge Ivo Rosa – known for ruling against Public Prosecutors – has done it again in the case of O-negative (often dubbed ‘Blood Mafia’), throwing out the crimes of corruption and money laundering against three defendants. Public Prosecutors have asked for suspension of this pre-trial process, to analyse Judge Rosa’s decisions. O-negative involves years of […]
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Yacht towed to safety after new ‘interaction with orcas’
Portugal Resident
Yet another sailing boat has been damaged by an ‘encounter with orcas’ off the Portuguese coast. The latest incident, around seven kms southwest of Cabo Espichel left a French yacht adrift. The crew, both French, were unharmed, explains the coastguard’s report. The boat has been towed to Cascais marina where it will undergo repairs. This […]
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