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…
Posts tagged as “outermost regions”
The European Commission today presented two new strategies to respond to the challenges facing coastal communities and islands in the European Union (EU), namely climate change, excluding the outermost regions, such as the Azores and Madeira. Concerning coastal regions, where, according to the Commission’s accounts, 95 million people (21% of…