Novo Banco polyglots are manning a stand at the Lisbon property fair, charged with shifting €500 million of real estate using loan offers tailored to foreign buyers.
The fair, which started today and runs until Saturday, sees Novo Banco aiming to "streamline its real estate supply, mainly for foreign customers, taking into account the bank’s target to sell more than €500 million in 2016."
The ubiquitous Secretary of State for Tourism, Ana Mendes Godinho, today announced that Portugal is the country with the highest growth in tourism of those along the northern Mediterranean coast, with an 11.5% growth rate which has created 40,000 sector jobs this year.
"Portugal registered a significant growth compared to last year," said Godinho during a hearing at the economy committee meeting today.
The head of the Algarve’s traders association, ACRAL, has asked for an urgent discussion with Olhão police commander Jorge Domingues to "share and verify the feasibility of a set of ideas from the association to fight and reduce the wave of robberies and incidents of vandalism in the commercial streets of the historic centre."
The president of the association of traders, Álvaro Viegas, expressed his concerns to commander Domingues over “recent events recorded in the commercial downtown Olhão, where many shops have been vandalised and robbed."
The 
Minister of the Economy, Manuel Caldeira Cabral, explained today the government’s latest plan to offer degraded national monuments to private businesses on 30-50 year leases to be run as tourism businesses.
In addition to allowing the private sector to get its hands on some of Portugal's most important monuments, the government has set aside a fund of €150 million which successful bidders can access to renovate these buildings and turn them into tourist attractions.
A larger number of Italians opted to leave their country last year than the year before, increasing by more than 6%.
The data showed that 107,529 Italians emigrated in 2015. The majority, 37%, were aged between 18 and 34.
EasyJet has said that it will suffer its first fall in annual profit since 2009 caused by a year of “extraordinary events”.
The airline says its pre-tax profit for the year is likely to be around £490m, according to a trading update. This would be a drop of 28% compared to last year’s figure of £686m.
Spanish fighter jets were scrambled when it was learned that two Russian bomber aircraft were skirting Spanish airspace off the coast of Bilbao in the northeast, it has emerged.
The F-18s were dispatched to see off two Russian Blackjack bombers.
Portugal's former Prime Minister, António Guterres, is set to become next United Nations chief at the beginning of 2017.
The United Nations Security Council has voted Guterres as its unanimous choice to take over from Ban Ki-moon. The former Portuguese PM led the field as none of the five Security Council veto-wielding countries voted against him in the sixth secret ballot on Wednesday, October 5th.
