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Madeira Weekly

Casino Suffered Heavy Loses During Pandemic Years

The Regional Secretary of Tourism and Culture, Eduardo Jesus,  is in the Madeiran parliament defending the proposal for a regional legislative decree that authorises the extension of the current concession of the casino, in what is referred to as Funchal's Gambling Zone," which is currently under the responsibility of the Pestana Group.

Madeira Suffering Highest Inflation Rate Since 1993

Throughout January of this year, the average change recorded by the Consumer Price Index (CPI) in the Autonomous Region of Madeira (AMR), – Total General – was 7.4%, an increase of 0.4 percentage points (p.p.) than in the previous month (+7.0%). It is the highest value for this indicator since June 1993, according to the Regional Directorate of Nationality of Madeira (DREM).

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Madeira Weekly