Mortgage holders received some good cheer at the end of the year as the Euribor interest rate index, which has steadily fallen since November, dropped again.
Following their latest trip to the Algarve, British holidaymakers Chris and Elaine Mugleston have decided to re-home several rescued donkeys and mules from the region’s animal charities.
A proposal to review future development plans for the Costa Vicentina on the west coast of the Algarve would limit the bed capacity to 2,600 for the entire area of the nature reserve.
All sectors of the tourism industry need to work together in 2009 if they are to survive the global financial crisis that is affecting tourism in the Algarve.
Electricity prices are predicted to rise by around 4.9 per cent this year, with domestic consumers in mainland Portugal facing an average increase of 4.3 per cent, according to a proposal approved by the tariff council of the organisation that regulates energy services, Conselho Tarifário da ERSE.
