Is the word falo the same in Brazilian and European Portuguese?

Yes

The word "falo" is identical in both Brazilian and Continental Portuguese in terms of spelling, meaning, and grammatical function; it is the first-person singular present indicative of the verb falar (to speak/to talk). The only difference is pronunciation. In Brazilian Portuguese, the vowels are typically more open and clearly articulated, creating a more melodic, syllable-timed rhythm. In Continental Portuguese, vowels are often more closed, reduced, or "swallowed," leading to a more stress-timed rhythm where unstressed syllables are much shorter.

Brazilian Portuguese Examples

1. Eu falo português muito bem. (I speak Portuguese very well.)
2. Eu estou falando com o meu pai agora. (I am speaking with my father now.)
3. Eu falo muito rápido quando fico nervoso. (I speak very fast when I get nervous.)
4. Eu falo a verdade para todo mundo. (I tell the truth to everyone.)
5. Eu falo com você amanhã. (I will speak with you tomorrow.)

Continental Portuguese Examples

1. Eu falo português muito bem. (I speak Portuguese very well.)
2. Estou a falar com o meu pai agora. (I am speaking with my father now.)
3. Falo muito depressa quando fico nervoso. (I speak very fast when I get nervous.)
4. Eu digo sempre a verdade a toda a gente. (I always tell the truth to everyone.)
5. Falo contigo amanhã. (I will speak with you tomorrow.)