An adventurous Iberian lynx has made his way to the outskirts of Madrid.

More than 40 years have passed since the species has been spotted in the region, but one has been tracked to a town some 50km south of Madrid.

Eurogroup members warned today that Portugal may not meet its 2015 deficit target, but Finance Minister, Maria Luís Albuquerque told the financial experts not to fret so.

Albuquerque reaffirmed that she believes no additional fiscal measures will be needed this year to ensure the budgeted deficit is achieved, despite the obvious doubts of the other Eurogroup members.

Canned fish, once a mainstay if the Algarve’s economy, is experiencing a resurgence as the Minster in charge of all things marine today gave an upbeat statement about the ‘economy of the sea’

Assunçao Cristas said that marine businesses' contribution to the national economy increased from 2.7% to 3% of GDP last year and boosted jobs from 2.3% to 2.8% of total, especially in canning and fish processing.

The man recruited to prepare Novo Banco for sale this August, Eduardo Stock da Cunha said this morning that does not know how much the business is worth, and presented the bank's trading results, a whopping loss, by video conference from London.

Between August 4th and December 31st last year the bright new Novo Banco managed to make a loss of €467.9 million, hardly the sort of result to ensure bidders scramble over each other to buy up the bank in the forthcoming sale.

As Britain’s economic recovery gains strength, lending to small businesses has gone up considerably over the last year.

In just the last three months, 60% of loan applications were approved. A year ago, the figure was 45%.

Four men have been arrested on suspicion of running a scam that netted at least €2.1 million by stealing from many of Portugal's councils, hospitals and state services.  

The Judicial Police today detained three Portuguese and one foreigner aged between 22 and 37.

British consumers are reaping the delights of lower petrol prices and higher wages by spending in shops, cinemas and restaurants.

Stronger sterling has encouraged more people to make holiday plans.

Beer drinkers in the UK are increasingly opting for beer with lower levels of alcohol.

According to the Department of Health, between 2011 and 2013 the number of units of alcohol sold went down by 1.9 billion.