The Court of Auditors (TdC), in its 2023 External Verification of the Regional Government Treasurer’s Account, indicates that the Regional Government did not fully comply with a recommendation regarding budgetary rules on the use of bank and treasury balances, which had already been left in the previous year’s report. In…
Posts published in “Economy”
On the 30th of December, The Madeira Hotel Union organised a demonstration against the employers’ proposal of a 5.5% wage increase, with a guarantee of a minimum increase of 53 euros for 2025. As a result of their offer, several dozen workers were seen demonstrating near the entrance to the…
This year’s New Year’s Eve firework display, titled ‘Azulejos da Madeira” is one of the island’s most anticipated events. Lasting eight minutes, there are 59 firework stations (27 in the Funchal amphitheater, 25 on the city’s seafront, five at sea, and two on the island of Porto Santo). The show…
Climate change is affecting the nation’s favourite hot beverage – coffee. If you can’t do without your coffee, then get ready to spend more on your daily intake. For the coming year, further increases are planned leaving many cafe owners wondering how to manage the situation, should they raise prices…
“We have come to say that PSD Madeira wants the elections to be held as soon as possible,” said Miguel Albuquerque, president of the party, at the end of the audience with the representative of the Republic that lasted about 30 minutes. “We are, at the moment, without a budget,…
The Swiftair cargo plane that supplies Madeira, which due to technical issues was unable to fly, is now operational again. Luckily, it was able to land in Madeira today and return to its base in Lisbon. Samantha Gannon info at madeira-weekly.com
History was made at the Regional Assembly yesterday morning, the 17th of December 2024. The motion of censure presented by Chega has been approved. The action of opposition in the Autonomous Region of Madeira has dismissed the Regional Government. Chega, PS, JPP, PAN, and IL have thus united against the…
The Judiciary Police (PJ) carried out a police operation today, which led to the detainment of three defendants, two of them were arrested under the suspicion of corruption, fraud in obtaining aggravated subsidy, qualified tax fraud, and money laundering, having damaged the Portuguese State and the European Union (EU) for…
The President of the Republic reacted today to the disruption towards the regional budget for 2025, and on prospective new regional legislative elections, saying, “we cannot put the cart before the horse.” On a visit to the Netherlands, Marcelo Rebelo de Sousa considered that it is necessary to “wait” for…
The Funchal Citizen’s Shop will be open on the 23rd of December between 08:30 and 14:00. According to information from the Regional Secretariat for Finance, normal working hours will be in force on the 27th and 30th of December, from 08:30 to 19:30. Loja do Cidadão do Funchal will be…
ACIF – Chamber of Commerce and Industry of Madeira, in a recent meeting with the Regional Secretary for Agriculture, Fisheries and Environment, reiterated its concern about the lack of progress in defining the draft of the collaboration protocol, which will ensure exemption from charging on the recommended routes for Tourist…
The Juntos Pelo Povo (JPP) party has just released a statement opposing the 2025 Budget. “The National Political Commission of the JPP, which represents all its militants, unanimously decided to reject the 2025 Budget proposal. The JPP is against what it considers a path of spending with squandering and distribution of…
Nickel, a financial payment institution, continues to expand its services and has now arrived in Madeira, specifically in the municipalities of Funchal, Ponta do Sol, and Ribeira Brava. There are, for now, four new points of sale established in local businesses such as tobacconists and stationery stores, which are now…
At the end of the round of listening to the parties, this Wednesday, Jorge Carvalho has not yet lost hope that the 2025 Regional Budget proposal will be approved. “Our reading is to continue until the day of the vote to work and seek to create a platform of understanding,…
Local artisans have until the 15th, the opportunity to participate in Falésia Market, which takes place at the Leroy Merlin Funchal store, as part of a partnership with Falésia Atelier. The initiative started last October aiming to create a monthly mini eco-market, promoting the circular economy, and appealing to more…