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The European Stability Mechanism said on Tuesday it had decided to approve the waiver on Portugal's early repayment of the European Financial Stability Facility (EFSF) loan, thus allowing the coountry to complete early repayment of its loan from the International Monetary Fund (IMF).
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There was welcome news for consumers and the economy at the start of this week as fresh figures confirmed that Portuguese real estate continues to flourish, with Lisbon tipped to be “the market to watch” for 2019, while the cost of fuel fell to its lowest level since 2016.
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The Algarve has come away with two global awards at the World Travel Awards, also known as the Oscars of the tourism industry.
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The price of property in Portugal has risen by more than 15% during September according to the newly released Confidencial Imobiliário Residential Price Index.
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The Algarve continues to lead the nation as the region with the most Michelin-starred restaurants. The tally is ten stars in eight restaurants, listed in the gourmand’s bible.
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