AMRAM – Association of Municipalities of the Autonomous Region of Madeira, which currently holds the presidency of the CMU – Confederation of Outermost Municipalities(1), represented by Ricardo Nascimento, participated, in a meeting last week with the President of the European Committee of the Regions, Vasco Cordeiro, in which the concerns…
Posts published in “Economy”
Tourist accommodations in the Region registered new records last August. According to data released today by the Regional Directorate of Statistics of Madeira (DREM), in the reference month, 221.3 thousand guests entered regional tourist accommodation, giving rise to 1,227.5 thousand, which corresponds to increases of 8.9% and 4.6%, respectively, compared…
The President of the Government of Madeira, Miguel Albuquerque, has assured that the Region will continue to press for its demands to be included in the State Budget for 2025 in the discussion in the specialty. “I was talking to members of the Government [of the Republic] in the sense…
With this year’s IV Regional Forum to Combat Poverty and Social Exclusion, theme ‘(Re)Thinking about the Autonomous Region of Madeira and democracy in the fight against poverty’, the Madeira branch of the European Anti-Poverty Network (EAPN-Portugal) considers that families continue to feel the effects on food and energy prices, and,…
“I really think that the archipelago of Madeira as a whole could be, in an innovative way, the biocultural heritage of humanity,” is what Professor Helena Freitas defended at the ‘Ecological Science and the Future of Agri-Food Systems Event.’ Her words were issued as a challenge to Madeira, asking it…
According to data provided by IVBAM – Institute of Wine, Embroidery and Handicrafts of Madeira, IP-RAM, released by the Regional Directorate of Statistics of Madeira, in the first nine months of 2024, the sale of Madeira wine was around 2,175.7 thousand litres, equating into sale revenues of approximately 14.4 million…
In the Madeiran plenary, on Tuesday morning, the draft resolution, authored by the CDS/PP, entitled ‘Recommends to the State the Use of the European Union Solidarity Fund to address the damage caused by the fires of August 2024’. MEP Sara Madalena explained its content, considering that what happened in Madeira…
The record influx of tourists, especially during the summer, has not benefited urban commerce, ACIF argues to JM reporters. The regional reality, according to the association chaired by Veiga França, is one of a “dual economy,” of “continuous expansion in the sector linked to tourism” and of “serious difficulties” in…
The President of the Conference of European Regional Legislative Assemblies (CALRE), has announced that he is concerned about the drastic reform that may be operationalised in the European Union Budget. At stake is the model for centralised management in Brussels and the Central Governments of the multiannual financial framework, starting…
The value of the settlements already remitted by the tax authorities to companies in the Madeira Free Trade Zone (ZFM) identified as having received illegal State aid amounts to 525 million euros, but only a fraction has been returned – 66 million euros. Recent data from the Tax and Customs…
The Portuguese Communist Party (PCP) considers Madeira “as the champion of high prices.” This was their analysis after speaking to members of the public in Ribeira Brava which, according to the party, shared their concerns over increases in the cost of living.” Party leader, Ricardo Lume said that “throughout the…
Manuel Pedro, President of the Municipal Assembly of Câmara de Lobos, was the first to take the pulpit in the solemn session of the 189th anniversary of the municipality. From there he discussed the weaknesses of the parish in the face of the risk of natural disasters and the difficulties…
The prices of houses for rent in the Autonomous Region of Madeira rose by 4.4% in September compared to the same month of the previous year. According to the idealista price index, renting a house in the region had a cost of 13.8 euros per square metre (euros/m2) at the…
Elected PS/Madeira MEP SĂ©rgio Gonçalves recently met with representatives of Airbnb to articulate issues related to the tourism and local accommodation sector, with talks directly relating to the regulation of short-term rentals. This regulation, approved in the previous mandate, aims to strengthen the transparency of short-term rentals by introducing harmonised…
Between the 8th and 10th of November, the Pestana FĂłrum Casino will hold its Funchal Noivos & Festas. For those who wish to take part in the event, registration is open until the 8th of October. The event aims to “bring together all party/festivities related companies under the same roof,…