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Ricardo Salgado's new book blames Sobrinho for BES Angola's collapse

SALGADO2After a silence of nearly two years, the former head of the Espírito Santo Group, Ricardo Salgado, is launching a book this Thursday, the result of lengthy conversations with journalist  Alexandra Ferreira.

‘BES - os dias do fim revelados’ (BES – the last days revealed) covers the events that led to the fall of the Espírito Santo Group, with an acerbic chapter reserved for BES Angola boss, Dr Álvaro Sobrinho whose appointment Salgado refers to as "one of the biggest mistakes of my career."

Expat status unclear under Brexit

4801Britain’s Foreign Secretary, Philip Hammond, has said the immigration status of British expats in EU countries could be in doubt if the referendum decides that the UK should leave the EU.

Mr Hammond said it is not clear what rules would apply if the UK was no longer part of the EU's free movement rules.

S&P: Property boom in Europe

londonhouseProperty prices are going up in most major European economies, according to a fresh analysis by Standard & Poor’s.

The boom results from the exceptionally low interest rates prevailing and those rates are reportedly being passed on to consumers.

EU countries may tell some migrants where to live

refugeesThe leading court of the EU has ruled that some migrants in Germany can be restricted to living in specific locations if this helps their social integration.

German authorities had imposed residence conditions on two Syrians who entered the country in 1998 and in 2001 and were given subsidiary protection status which is one notch removed from qualifying as refugees.

Moody's claims 'high risk of failure' for Portugal's 2016 State Budget

moodysRatings agency Moody's says that selling Novo Banco will be a big plus for Portugal’s State finances, because the capital that was injected has already been included in the public accounts.

"The capital injected in Novo Banco in 2014 has been recorded in the public accounts. There was a negative impact on the deficit that year. Of course selling Novo Banco into private hands would be positive," said Kathrin Muehlbronner, the person who gives Portugal its credit rating.

Minister crashes into 'illegal Uber' row

taxifaroEnvironment Minister, João Matos Fernandes, has accused the Uber transport service company of operating illegally in Portugal.

Fernandes said in parliament that Uber is illegal, citing a court decision that Uber should cease operating.

Missing Algarve teenager found dead

rodrigoLapaMissing teenager Rodrigo Lapa was found dead this morning in a countryside area behind the house near Malheiro, Portimão where he lived with his mother, step-father and little sister.

Rodrigo, 15, had been missing since 07:00 on Monday 22nd of February, the last time his mother said she saw him. He later failed to show up to school in Estômbar but classmates said he had sent a text message the previous Friday saying he was feeling ill.

Loulé mayor in hot water over water company's 'per bed' tax

waterLoulé council has assured national newspaper Expresso that the local public-private water company Infralobo will stop charging the 'per bed' tax following recommendations from the Regulatory Authority for Water and Wastewater Services (ERSAR).

"The new tariff, which links water charges to the number of beds will be discussed at the Infralobo Board meeting on March 9th," according to Leonel Silva, the director of planning at the council who did not mention the two previous rulings from ERSAR in the past two years and the water company’s refusal to act on the regulator's observations.