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in News · 22 Sep 2020, 08:31 · 1 Comments
However, Lisbon and Porto experienced even greater drops.
SIBS said global consumption in Portugal through bank card operations fell by 9%, mainly affected by the reduction in foreign tourism. And cards were used more in the interior regions than along the coast.
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So many tourist places are cash only in the Algarve. No NIF, no fatura / invoices since tourists don't need them. So guess how much Finanças ie the tax man is getting from them!
By Joe from Lisbon on 22 Sep 2020, 23:25