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…
Posts published in “Economy”
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,…
At the ceremony to distinguish individuals and tourist entities, at the Convent of Santa Clara, the President of the Regional Government stressed to the audience that “pressure is not fatal. It forces you to make decisions to improve the destination,” namely at the level of greater density at certain times…
A cooperation protocol was signed today in the Noble Hall of the Funchal City Council, between the Funchal City Council, APRAM – Madeira Ports Association, and CLIA (Cruise Lines International Association) aims to carry out actions to plant native or endemic trees in the Funchal Ecological Park during the end…
A recently released audit report by the Court of Auditors (TdC), has detected 39 situations of illegal exercise of functions inherent to management positions in the Funchal City Council between 2018 and 2022. These relate to the substitution regime, in violation of the provisions of paragraph 3 of article 27…
The Debt Bulletin of the Region was released today, in which it is possible to observe that the gross debt of the Regional Public Administration increased by 144.6 million euros, at the end of the first half of this year, compared to the end of the previous quarter, standing at…
The argument of the Public Prosecutor’s Office in the ‘Ab Initio’ case, according to some national press reports, will involve three regional secretaries: Pedro Ramos (Health), RogĂ©rio Gouveia (Finance) and Pedro Fino (Equipment and Infrastructure). Precisely the same officials who oversee the two dozen bodies that were searched last Tuesday…
The Funchal City Council has rejected 187 requests for the use of properties as Local Accommodation this year. Local newspaper JM reported that JoĂŁo Rodrigues, councilor for Urbanism, confirmed that the municipality cancelled three existing licenses between January and August. Samantha Gannon info at madeira-weekly.com Views: 5
The CDU will promote in Funchal the holding of a ‘Public Tribune’ that aims to serve as a protest against corruption. The initiative will take place next to the SĂŁo Lourenço Palace, on Avenida Zarco, on Monday the 23rd of September at 17:30. “In addition to the call for the…
Recent information shows that this year’s harvest is well below that of 2023. In total 3.1 million kilos of grapes were harvested, 900 tonnes less than last year. The grapes at my parent’s house had shriveled to almost nothing by August. Samantha Gannon info at madeira-weekly.com Views: 4
The University of Madeira (UMa) yesterday presented a project for the candidacy of Madeira wine to Intangible Cultural Heritage of Humanity, focusing on the cultural and social practices associated with its production and commercialisation since the eighteenth century. “This is what we intend to inscribe on the representative list of…