Over the weekend
Expresso
«Sócrates’ comeback was brilliant», wrote weekly Expresso on Saturday, quoting Socialist elder statesman Mário Soares, after former Prime Minister José Sócrates gave state-owned broadcaster RTP a long interview last week after nearly two years of silence, before he starts his new post as a political commentator.
Monday
Público
«Russians boost market for luxury homes», reveals Público, as properties worth between €10m and €12m are selling well in the Algarve, south Portugal, mostly bought up by Russian investors.
Correio da Manhã
«Americans remove millions from Portugal», reports Correio da Manhã, as American offshore companies are buying up credit from Portuguese banks at a bargain price and moving them overseas without paying taxes.
Diário de Notícias
«Wine exports over €700m», writes Diário de Notícias, as Portuguese wine exports rose 7.1% last year and edged to a new record high, despite a fall in prices. The daily newspaper reports that the European Union is still the main market but the economic crisis is leading producers to shift their attention to new markets, such as China.
Jornal de Notícias
«Children with good grades help families out of poverty», reports Jornal de Notícias, as the charity Bagos d’Ouro is giving food, school supplies and medical consultations to help the families of children who get good grades at school.
i
«Economists launch manifesto to reduce public expenditure», writes i, as 64 economists close to the government are saying that despite all the sacrifices made up to now by the Portuguese there are still structural reforms to be made, including reducing the tax burden, making investment more attractive, reducing excessive rents and reforming the state and public administration. The economists say that otherwise expenditure will go back to the levels seen in 2010, before the so-called troika of international lenders began Portugal’s bailout programme.
Diário Económico
«No-confidence motion is more a tactic than anything else», reports financial daily Diário Económico, quoting former Secretary of State for the Economy Almeida Henriques, who left his post to run for the mayorship of Viseu later this year, after the Socialist Party said it would go ahead with a motion of no confidence against the centre-right PSD/CDS-PP coalition government.
Jornal de Negócios
«Portugal among the biggest victims of the fear caused by Cyprus bailout», reports Jornal de Negócios, after the decision to tax bank deposits in Cyprus in return for a bailout sent euro and bond markets falling, sparking fears among Portuguese investors.
A Bola
«Lima came, saw, and scored», writes A Bola, as Benfica’s Brazilian striker becomes the club’s best scorer of the last 53 years.
Record
«All he’s missing are the football boots», writes Record, as Bruno de Carvalho is closely watching Sporting’s new team since he was elected the beleaguered club’s new president.
O Jogo
«Now they’re taking Lima seriously», writes O Jogo, quoting Brazilian footballer Paulo Silas, after Benfica’s Brazilian striker Lima scored a hat-trick in the match against Rio Ave.