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Portugal misses target for road death reduction

crashloulePortugal and the EU are far from achieving their strategic objective of halving road deaths between 2010 and 2020.

The fatal road accident rate in Portugal did fall last year by 3% compared to 2013 and this matched the general decline across the EU member states.

Portugal's Left Bloc - 'Homes should not be seized to pay off debts'

catarinamartinsThe Left Bloc’s Catarina Martins has re-announced a vote winning initiative which is sure to attract those of Portugal’s population that are struggling financially.

"Anyone who already has lost everything can not also lose their home." This proposal from the Left Bloc will be discussed in Parliament on 2 April.

Asylum applicants spurn Portugal

refugeesWith more asylum seekers than ever asking for help from EU countries, fewer than ever are coming to Portugal.

In just one year’s time, there was an enormous 44% increase in applicants in the EU, reaching a peak of 626,000 people.

Trial likely in latest Spanish corruption scandal

eurozoneAs a result, the way has been opened for the trial of the main suspect in the case. He is Luis Barcenas, former treasurer of the party and a political ally of conservative prime minister Mariano Rajoy.

Investigating judge Pablo Ruz gathered evidence that the party “from 1990 to at least 2008 drew on various sources of funding outside of the legal economic sphere”, his tribunal said in a statement.

Giant salamander found in Loulé lake

loulesalamanderFor the timid, be assured that the beast roamed the Algarve some 200 million years ago.
 
The salamander has been named Algarvensis Metoposaurus in tribute to the find which according to paleontologist Octavio Mateus is of a species that coexisted with the first dinosaurs and disappeared during the extinction that occurred 201 million years ago caused by volcanic activity and climate change.

Eurozone sees some positive growth

eumapEconomic activity in Germany was reported to have surged, recording its strongest rate of private sector output in eight months.

The rise in productivity fanned hope that the fledgling recovery in the euro region could be gaining traction.

Grupo Espírito Santo bondholders offered a new haircut

novobancoA solution being worked on by the Bank of Portugal and Novo Banco could see those that unwittingly invested in Grupo Espírito Santo bonds receive around 40% back, spread over ten years.

The solution involves the total loss of capital initially invested but a possible 40% returned over time.

Portugal's Luís Figo fears 'four lost years' at FIFA

figoPortuguese former footballer Luís Figo, in the running for the FIFA presidency, said today that if Sepp Blatter keeps the top job, this would mean 'four lost years.'

Figo said that nearly every football boss he meets says that change is needed but he still is not sure if football federations will turn against Blatter at the end of May when he may well be elected for the fifth time.