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Moody’s “waiting until next government” to release Portugal from “rubbish” status

Moody’s ratings agency has made a surprise upgrade on Portugal’s sovereign rating - bringing it one step from exiting its long-held “rubbish” status.

The move suggests fears that the ongoing BES scandal will have a serious impact on the

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Prison guards in Portugal fined for taking part in anti-government protest

Three prison guards caught up in the angry police protest that stormed the steps of parliament back in March have each been ordered to pay 200 euros to a charitable institution. It is the Public Ministry’s condition for making any further charges

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Two new bug species discovered in Portugal

It may not sound much, but two new species of ants have been identified for the first time in Portugal in the Lower Alentejo.

The discovery that could so easily pass unnoticed on the sole of someone’s shoe now brings the country’s list of

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News from Portugal

Portugal emigration figures up 53,000
Portugal emigration figures up 53,000

It’s bleak reading. Of the 128.000 Portuguese who left their home country in search of a better life and conditions last year, more than half were under 30 - and surprisingly there were even some over 75s who felt ‘enough...

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Most popular news in the last 7 days

Amaral hits back at McCanns’ claims
Algarve

Gonçalo Amaral insists that the lawfulness of his book Maddie: A Verdade da Mentira is “indisputable” and has reiterated that he may file a counter

Portugal’s disgraced BES bank chief and Deputy PM Paulo Portas travel to Angola in separate bids for financial support
Portugal’s disgraced BES bank chief and Deputy PM Paulo Portas travel to Angola in separate bids for financial support
Portugal

Angola is the chosen destination this week of Deputy PM Paulo Portas, days after the disgraced former BES banking boss Ricardo Salgado allegedly tr

TAP airline in crisis as Portuguese entrepreneur announces multi-million euro purchase bid
TAP airline in crisis as Portuguese entrepreneur announces multi-million euro purchase bid
Top Stories

The crisis within TAP Portugal went into overdrive this weekend after pilots voted for a one-day strike on August 9.

Former BES boss on €3 million bail as Espírito Santo group “implodes”
Top Stories

It has been hailed as the end of one of the “most influential centres of power” in Portugal’s political, social and financial world.

Latest in Portugal Resident

Moody’s “waiting until next government” to release Portugal from “rubbish” status
Top Stories

Moody’s ratings agency has made a surprise upgrade on Portugal’s sovereign rating - bringing it...

Prison guards in Portugal fined for taking part in anti-government protest
Prison guards in Portugal fined for taking part in anti-government protest
Top Stories

Three prison guards caught up in the angry police protest that stormed the steps of parliament...

Two new bug species discovered in Portugal
Two new bug species discovered in Portugal
Top Stories

It may not sound much, but two new species of ants have been identified for the first time in...

Portugal emigration figures up 53,000
Portugal emigration figures up 53,000
Portugal

It’s bleak reading. Of the 128.000 Portuguese who left their home country in search of a better...

Algarve
"The Right Juice's" premiere coming soon
"The Right Juice" premiere coming soon

Cinema || Whilst its world premiere took place at the prestigious Atlanta Film Festival in the US earlier this year...
Food
Algarve cuisine takes spotlight at 16th Arraial do Petisco in Pêra
Algarve cuisine takes spotlight at 16th Arraial do Petisco in Pêra

Armação de Pêra || Are you in the mood to try some of the best food the Algarve has to offer? If so, you are in luck...
Premieres (trailers)
Sex Tape

July 24, 2014

Directed by: Jake Kasdan; Starring: Jason Segel, Cameron Diaz, Rob Corddry; Genre: Comedy;...
Community
Swimming competition in Castro Marim
Swimming competition in Castro Marim

An open water swimming competition will be taking place on August 10 at the Alagoa/Altura beaches in Castro Marim,...
Health
No scar surgery

Laparoscopic or “key hole” surgery was developed at the end of the 20th century as a new trend in surgical treatment...
Sport
Big month for Algarve sailors
Big month for Algarve sailors

Competitions || July has been a successful month for Algarve sailors.

Just as 13-year-old Daniela Miranda...
Companies
Almancil-based software company expands to China

Concept Software Systems (CSS), a global software development and distribution company based in Almancil, has just...
Motoring
BMW gave me pasta and i8 IT

Somebody had to go to Milan, sleep in a five-star hotel and test the most significant car of the 21st Century so far...
Wine
Sauvignon Blanc and rosé from Monte da Ravasqueira
Sauvignon Blanc and rosé from Monte da Ravasqueira

I’ve yet to try any of the premium labels from this large Alentejo winery but my first experience of their sauvignon...