Thursday, 30 March 2017
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albufeirabeachIt's not just foreign tourists: Portuguese nationals are booking more holidays this year - and are booking them earlier in competition with overseas visitors who are filling the Algarve’s hotels, apartments and villas.

National tourists are booking both overseas trips and domestic travel, the figures are up 6% on last year as recession eases and a holiday is back on the family agenda.

4801As the formal process of removing Britain from the European Union gets underway this week, two parallel surveys highlighting expatriate concerns show consensus between respondents regardless of their nationality and whether they are living in the UK or in the remainder of the EU.

Overall, 80% of the 1,900 respondents in the surveys conducted by the interactive platform Expat.com agreed that Brexit posed “a threat” for the UK.

vinesInquiries into the finances of Ricardo Salgado and the former head of Portugal Telecom, Henrique Granadeiro, have resulted in the seizure of Herdade do Vale do Rico Homem, owned by a company controlled by Granadeiro.

The decision to seize the wine estate was made following the interrogations of Ricardo Salgado and Henrique Granadeiro as part of Operation Marquês when it was confirmed that Espírito Santo Enterprises (the slush fund operating for Grupo Espírito Santo) had acquired part of the company that owned the estate.

bugattiA select number of motoring journalists were invited by Bugatti's management to test drive the new Chiron in Portugal, but were asked to limit their top speed to "no more than 350 kmph."

The car’s maximum velocity is electronically limited to 420 kmph but getting there is a nerve jangling experience, even for hardened motoring hacks.

oportoThe Prime Minister estimated that private and public investment to fix up town and city properties could reach €5 billion by 2023, but warned that there is a danger of losing the very identity that appeals to tourists.

António Costa was speaking at the opening session of Urban Rehabilitation Week, in Lisbon.

novobancoshinylogoThe leader of the Left Bloc said today that the solution the government is negotiating with Brussels over the sale of Novo Banco, is "the worst of both worlds" because it leaves the State at risk but does not allow the government to appoint directors once 75% is sold to Lone Star.

Martins said that in a scenario where the State ends up with 25% of the shares, but no say in the operation of the bank, the State has "responsibility for future impairments without a word in its management."

beachalmograveSmokers wishing to enjoy a quiet puff on one of Portugal’s idyllic beaches may soon be denied even this pleasure as the European Commission prepares further measures to combat tobacco consumption.

Banning smoking on beaches, imposing a minimum smoking age, and maintaining the commitment to increase prices through taxation are three of the measures to penalise those indulging in this life-threatening habit.

FaroAirportFrontFaro airport is bracing itself for another boost in air traffic this summer as operator ANA is predicting 8.4 million passenger movements for the year.

This summer there will be 11 new routes and 15 new regular services in and out of Faro airport including Budapest, Dresden, Erfurt, Gothenburg, Lille, Muenster, Newquay, Nice, Warsaw, Maastricht and Ostend.