VRSA reactivates SGU to pay off the company's "huge and irresponsible" debt
January 6, 2024 - 5:00
Decision was taken after the Court of Auditors led to the internalization of the municipal company
TAG: Municipal Support Fund
AM from VRSA “corrects” problems in the revision of the Municipal Adjustment Plan
March 13, 2023 - 12:52
Municipal Assembly approved a budget amendment that also ends parking concessions
VRSA saves 1,5 million a year in interest with FAM review
June 17, 2020 - 18:38
This will be "a fundamental step to renegotiate financial and commercial debt"
Municipalities will have a moratorium on contributions to the Municipal Support Fund
April 24, 2020 - 16:09
According to a bill approved yesterday by the Council of Ministers
VRSA reduces expenses and returns to receiving money from the FAM
May 14, 2019 - 11:01
Spending was reduced by five million "in just one year"
VRSA has a budget of 39 million euros focused on rebalancing accounts
January 3, 2019 - 14:10
VRSA Chamber launched a Financial Balance Plan in September
VRSA moves towards budget rebalancing after FAM funds suspended
September 20, 2018 - 18:24
PS went public to denounce that the Municipal Support Fund (FAM) suspended transfers to the municipality of VRSA in May
Left Block says FAM is «a new troika in Portimão»
October 11, 2016 - 9:50
The Municipal Coordinating Committee of the Left Block of Portimão considers that the approval of the Municipal Support Fund (FAM) […]
Coligação Servir Portimão refuses the role of «Santos Milagreiros» to the current municipal executive
October 6, 2016 - 9:26
The Servir Portimão Coalition, the main opposition force in the city council, refuses the role of «Santos Milagreiros» to the current […]
PSD de Portimão welcomes the approval of the FAM but criticizes the "stubbornness" of the Chamber
October 6, 2016 - 9:17
The PSD of Portimão welcomed, in a statement, the Court's approval for the loan that validates the Municipal Support Fund […]
ACRAL: Creditors can negotiate debt with the Portimão Chamber to receive faster
March 12, 2015 - 16:33
The Association of Commerce and Services of the Algarve Region alerted the entrepreneurs and creditor entities of the Chamber of Portimão […]
