Galp Energia, in addition to refusing to pay the statutory fuel company supplement tax and now owing the Treasury around €250 million, has been caught on the fiddle again.
The government announced today that it is to spend €1 million patching up holes in the region’s poorest main roads, the EN125, EN124 and EN396, with just €300,000 allocated to the EN125' eastern section.
The Communist party has delivered a resolution to parliament that recommends urgent intervention in the Cacela Velha and Fábrica areas of Vila Real de Santo António after the March storms caused further coastal damage, leaving the old fort even closer to the cliff edge.
Portugal’s traffic policing tactics are paying off with the authorities’ focus on ‘helping people with their journeys,’ yielding double the number of fines last year, than in 2016.
Now that the government has been caught out issuing a series of ‘Terminological inexactitudes’ in blaming the Court of Auditors for the interminable delay in upgrading the eastern Algarve’s EN125 road, (HERE) a Secretary of State is being dispatched to Tavira with the latest raft of, no doubt, inventive excuses.
A Secretary of State for Infrastructure will arrive on Monday and present himself at Tavira City Hall where members of the Intermunicipal Community of the Algarve (AMAL) will be treated to his utterances.
"In the next decade, without a sustainable and long-term intervention, there is a growing risk of an extreme year of fires consuming 500,000 hectares or more," such as the fires of 2017, which killed more than 100 people.
The Canadian ratings agency, on which Portugal’s financial stability has depended when the other three top agencies classified the country’s bonds as ‘junk,’ has lifted its opinion to BBB, which - at the moment - is as good as it gets.
The government is to "analyse" whether or not to instruct Santa Casa Misericórdia de Lisboa to abort its highly contentious investment in Montepio Bank (Caixa Económica Montepio Geral).
