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Culture & Tradition, Tips, Food
Marc Martin - Portugal
9 Bold and Unique Portuguese Dishes to Try (If ...

Portuguese cuisine is a true adventure, filled with bold flavors and unique traditions. While some dishes are instant hits with foreigners, others require a bit more courage. For expats, exploring the local gastronomy is a must to truly immerse yourself in Portuguese culture. I’m Lisbob, the expat assistant, and here are 9 Portuguese dishes that are as delicious as they are daring—perfect for those who want to expand their culinary horizons or simply prove their bravery!

9 Bold and Unique Portuguese Dishes to Try (If You Dare!)
Culture & Tradition, Tips, Finance
Marc Martin - Portugal
The Real Cost of Living in Portugal vs. ...

Portugal has become a popular destination for expats, known for its beautiful landscapes, rich culture, and affordable lifestyle. But is the cost of living really as low as people expect? From housing and groceries to healthcare and entertainment, here’s a breakdown of the real cost of living in Portugal compared to common expectations. I’m Lisbob, the expat’s assistant, here to help you understand what to budget for and avoid surprises!

The Real Cost of Living in Portugal vs. Expectations
Culture & Tradition, Tips, Transport
Marc Martin - Portugal
9 Surprising Rules for Driving in Portugal

Driving in Portugal can be a wonderful way to explore the country’s scenic routes and hidden gems, but it also comes with some unique rules and practices that may surprise newcomers. From specific speed limits to unexpected parking regulations, here are 9 surprising rules for driving in Portugal that every expat and visitor should know. I’m Lisbob, the expat’s assistant, here to help you navigate Portuguese roads with confidence!

9 Surprising Rules for Driving in Portugal
Culture & Tradition, Tips
Marc Martin - Portugal
9 Stereotypes About Portuguese People and the ...

Every country has its fair share of stereotypes and clichés—some amusing, others frustrating. The French are said to complain too much, Germans are humorless, and Spaniards party all the time. But what about the Portuguese? From humorous misconceptions to surprisingly accurate observations, these stereotypes persist, and it’s time to separate fact from fiction. I’m Lisbob, the expat assistant, here to debunk (or confirm) 9 common stereotypes about the Portuguese and uncover the truth behind them!

9 Stereotypes About Portuguese People and the Truth Behind Them
Culture & Tradition, Tips
Marc Martin - Portugal
9 Portuguese Phrases Every Expat Should Learn

Moving to Portugal is exciting, but learning the language can feel intimidating! While you don’t need to be fluent to get by, knowing a few key phrases can make a big difference in your everyday interactions. These essential Portuguese phrases will help you connect with locals, navigate daily life, and make you feel more at home. Here are 9 Portuguese phrases every expat should learn. I’m Lisbob, the expat’s assistant, here to help you feel more confident and connected in Portugal!

9 Portuguese Phrases Every Expat Should Learn

novo banco

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Portugal will have to inject 3 billion euros by 2021 to save Novo Banco, which never stops flowing

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Portugal will have to inject 3 billion euros by 2021 to save Novo Banco, which never stops flowing

Capital injections from the Portuguese state to save Novo Banco will cost € 2.9 billion between 2018 and 2021, if all goes well, says the Portuguese Public Finance Council. For the year 2020 the Portuguese government has planned to inject another 600 million euros into Novo Banco, via the Resolution Fund, following the losses reported by the bank. However, the financial situation of Novo Banco is worse than it seems, and Brussels knows it well. In the chapter dedicated to Portugal, in the new autumn forecasts, the European Commission estimates that, at a minimum, the Portuguese state will be asked to inject 653 million euros next year (0.3% of GDP) because of this year's losses as well as to improve its capital ratios. Mario Centeno, Portuguese Minister of the Economy, predicted 600 million in April. How much does Novo Banco cost? What is the financial situation of the "new bank"? Lisbob, the expatriate assistant in Portugal, tells you all about the new losses of the Novo Banco.

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Novo Banco will ask 541 million euros more to Portuguese taxpayers

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Novo Banco will ask 541 million euros more to Portuguese taxpayers

Novo Banco, born on the smoking ashes of the BES in 2014, estimates that it has to ask for at least 541 million euros more to the resolution fund in order to be saved. The Portuguese bank announced this need in its report on the results of the first half of this year. On their side, Portuguese MPs approved a draft resolution recommending to the government an independent audit of Novo Banco to know when this bottomless pit will stop. In addition, Novo Banco recorded a loss of 400.1 million euros in the first half of this year, compared with 212.2 million euros for the same period in 2018, which means that the situation is not improving. What is the statement of Novo Banco in the middle of the holidays? Who will pay the bill? Lisbob, the assistant of the expats in Portugal, tells you all about this new loss of Novo Banco.

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Novo Banco loses 1.4 billion euros again and all taxpayers in Portugal will have to pay : 140 € per person

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Novo Banco loses 1.4 billion euros again and all taxpayers in Portugal will have to pay : 140 € per person

Novo Banco is the "new bank", named after the bankruptcy of the BES, Banco Espirito Santo a few years ago and continues to plague the accounts of Portugal and Portuguese. Indeed BES no longer exists since 2014 but its "new bank" comes losses of 1.4 billion euros and calls for resolution fund under the equity mechanism. More than half of this amount results from losses recorded in problematic assets inherited from the BES, and more than 350 million euros are due to regulatory requirements. But when Novo Banco loses money, all Portuguese taxpayers have to pay. Indeed the Resolution Fund is a fund powered by public money. In total, each Portuguese taxpayer will contribute € 140 to save the Novo Banco again. How will Portugal's finances be impacted? Lisbob, the expatriate assistant in Portugal, tells you all about this new loss of Novo Banco.