Miguel Albuquerque has dismissed Pedro Calado’s criticism of how Madeira’s growing wealth is reaching families, insisting that the Regional Government will maintain its current course. Responding to comments highlighted in DIÁRIO’s Sunday edition, the President of the Regional Government said Calado was entitled to express his views, but that the…
Posts published in “Economy”
Miguel Albuquerque has said he is “almost certain” that bids will be submitted for the third phase of Madeira’s Central and University Hospital. The deadline for submitting proposals closes on the 13th of October. Asked whether any bids had already been received, the President of the Regional Government did not…
PCP-Madeira has called for the price of a 13-kilogram butane gas cylinder to be capped at €20, including taxes, arguing that current prices place a significant burden on household budgets. During an initiative on Rua Dr. Fernão Ornelas, in Funchal, on Wednesday, the 7th of October, Ricardo Lume highlighted the…
Madeira’s PSD and PS have called on the national Government to resolve problems with the air travel support scheme, highlighting platform failures, excessive bureaucracy and the costs residents must pay upfront. PSD MP Paulo Neves, elected to the Assembly of the Republic by the Madeira constituency, demanded on Wednesday, the…
In Miguel Albuquerque’s view, Madeira’s higher inflation than the national average is mainly due to the impact of tourism and services on the regional economy. Given this reality, he rejected the view that the difference is explained mainly by food prices, arguing that these are about 3.17% cheaper in the…
Three construction machines (diggers) and a crane truck belonging to Socicorreia were damaged in an apparent deliberate attack at the Porto Santo golf course expansion site during the early hours of Tuesday, the 6th of October. According to a company source, the incident occurred between 01:30 and 02:00. Windows on…
ADN Madeira has called for the full publication of the economic and financial study supporting Funchal’s proposed tourist tax increase from €2 to €4 per person, per night. In a statement issued on Sunday, the party argued that the increase requires clear justification, particularly at a time when official indicators…
Madeira’s Regional Secretary for Tourism, Eduardo Jesus, said on Wednesday, the 30th of September, that the minimum services decreed for the easyJet cabin crew strike fall short of the Region’s needs. He stressed Madeira’s status as an outermost island region and its dependence on air travel, pointing out that, unlike…
The median monthly rent per square metre for new residential tenancies in Madeira rose by 17.4% between the second quarter of 2025 and the same period this year, reaching €12.78. This was the largest annual increase among Portugal’s nine regions and exceeded the national rise of 10.2%. Figures released by…
The Regional Government says it has completed €4.2 million of renovation and energy efficiency work across four public housing complexes, covering 171 homes. Regional Secretary for Equipment and Infrastructure Pedro Rodrigues visited the Pico dos Barcelos housing complex in Santo António, Funchal, on Monday, 28th of September, to mark the…
Juntos pelo Povo (JPP) is seeking support from its European partners to restore a passenger ferry service between Madeira and mainland Portugal. The proposal was discussed on Wednesday, the 23rd of September, when JPP secretary-general Élvio Sousa met Sandro Gozi, secretary-general of the European Democratic Party and a Renew Europe…
Younous Omarjee has pledged to fight for Madeira to retain its European funding under the EU’s next financial framework, covering 2028 to 2034. Speaking at the end of a three-day visit by the European Parliament’s Committee on Regional Development on Wednesday, the 23rd of September, Omarjee said the Parliament would…
The number of homes sold in Madeira rose slightly in the second quarter of 2026, but remained well below the level recorded a year earlier. Figures released by the Regional Directorate of Statistics of Madeira (DREM) show that 672 homes were sold between April and June. That was 1.1% more…
Regional Secretary for Agriculture and Fisheries Nuno Maciel has emphasised the importance of strengthening the connection between Madeira’s producers and consumers by supporting regional produce and encouraging healthier, more sustainable diets. Speaking at the presentation of Funchal Food Week, the Regional Secretary said that choosing locally produced food contributes to…
The Court of Auditors has refused to approve the 2023 and 2024 management accounts of the Madeira Social Security Institute (ISSM), extending the situation to five consecutive financial years. The Institute’s accounts for 2020, 2021 and 2022 were also denied approval. In its decision concerning the 2024 accounts, the Madeira…