PSD/Madeira MPs have pledged to be “very demanding” during TAP’s privatisation, saying they will monitor compliance with the conditions set out for the sale, particularly those concerning air links to the region. Speaking at Madeira Airport on Monday, 26th of October, MP Paulo Neves called for regular flights between Funchal…
Posts published in “Economy”
Miguel Albuquerque today defended the preservation of historical, cultural and emotional ties between Portugal and Brazil, regardless of who holds the Brazilian presidency. Speaking during a visit to the Dr Alfredo Nóbrega Júnior school in Camacha, the President of the Regional Government was asked about the dispute surrounding Brazil’s election…
The Portuguese Labour Party (PTP) has called on the Regional Government to clarify whether it knew about the activities of two Funchal-based companies named in a Brazilian Federal Police investigation into Senator Flávio Bolsonaro’s possible undisclosed involvement in a betting business. The demand follows a report in DIÁRIO on the…
Finance Minister Joaquim Miranda Sarmento has confirmed that the national government will continue to fund 50% of the cost of Madeira’s new Central and University Hospital, despite rising construction costs. Speaking in the Assembly of the Republic on Friday, the 23rd of October, during a hearing on the proposed State…
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…
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…