Germany has become the latest eurozone country to spiral down into deflation, joining its fellow euro area partners.
Inflation fell below zero for the first time since October 2009 with prices dropping by 0.3% in the year to January, according to preliminary estimates from the German statistics agency Destatis.
The Bank of Portugal governor Carlos Costa, and the Portuguese state are being sued for gross negligence over the BES affair as, investors allege, they knew the bank was in a parlous financial state, yet exhorted the public to continue to invest in BES shares and bonds.
To add insult to financial losses the Bank of Portugal slyly told institutional investors to offload investments in BES while encouraging private investors to pile in as all was safe and secure.
A Portuguese fisherman and three other crew went missing on Wednesday in the English Channel off Dover with no sign of their trawler, the Z85 Morgenster.
Satellite communications were lost and the trawler on which the men worked is thought to have sunk.
French gastronomy was dealt a harsh blow when the country’s top chefs placed only seventh in the world’s most prestigious cooking championship.
The annual Bocuse d’Or competition was won by Norway, with the USA taking silver and Sweden achieving bronze.
A seventy year old British man has been beaten and robbed in an assault that has shocked the quiet Ria Formasa town of Santa Luzia near Tavira.
The attack happened near the football ground and the victim was left in a serious condition.
A new law allows Sephardic Jews whose forebears were kicked out of Portugal in the fourteen hundreds to now apply for dual nationality, should they wish.
Portugal follows Spain in welcoming back displaced Jews, a few hundred years too late, but the offer now is there, at least.
Facebook is celebrating after its revenues rose above $12 billion for the first time.
The profits were greater than had been predicted by analysts and resulted from a higher number of people logging on to it as well as an increase in advertising revenue.
A Dutch eye doctor who used to operate from a well known clinic in Lagoa has received a four year, eight month suspended jail sentence for robbing patients of their sight by using equipment that had not properly been disinfected.
Franciscus Versteeg also has to pay €15,000 in hospital treatment costs for those of his patients that later had to receive care from Portugal’s national health service after their operations at the I-Q-Med clinic went wrong.
