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KnowAbout Armacao De Pera, Algarve
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Armacao de Pera, Algarve

Local News, Weather & Information
Local Time

8:18 AM

Local Temperature

73.4°F

Weather Conditions

clear sky

BAILOUT: NEW PORTUGAL MISSION CHIEF APPOINTED IN TROIKA RESHUFFLE

John Berrigan is the new troika mission chief for Portugal. The International Monetary Fund (IMF) also said it was replacing Abebe Selassie with Subir Lall.

STATISTICS: UNEMPLOYMENT FIGURES FALL FOR 2ND MONTH IN A ROW

The unemployment rate in Portugal fell again in June to 17.4%. This is the second month in a row that the figures have been going down since peaking at 17.8% in April.

PRESS REVIEW: GOVERNMENT PLANS TO SLASH BUSINESS TAX TO 17% BY 2018

Wednesday, 31 July: In a bid to make Portugal competitive and attractive to foreign companies, the PSD-CDS coalition is aiming to cut taxes drastically making the country a tax paradise like Holland and Luxemburg.

EARNINGS: ANOTHER SIX-MONTHLY LOSS AT MILLENNIUM BCP

Troubled BCP bank racked up losses of €488m in the first half of this year and the bank’s President said that the financial institution would begin repaying its state bailout loan on schedule in 2014.

MESSAGE TO OUR READERS: WHY WE ARE SUPENDING OUR DAILY UPDATES

Portugal Daily View will suspend its daily updates from 1 August due to financial issues but we promise to keep fighting for our project.

CIVIL SERVICE: PARLIAMENT SLAMS THE 40-HOUR WORKING WEEK

New legislation governing public sector workers, which also includes capping their unemployment benefit rights, still requires rubber stamping by President Aníbal Cavaco Silva. Public sector trade unions protest outside parliament.

City Information & Statistics

Welcome to beautiful Armacao de Pera, Algarve, Portugal.

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PAGE DATE:Saturday, August 19, 2017 - 3:18:32am