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Guadiana dredging finally starts

guadianaIn November 2014, the mayor of Vila Real de Santo António was plainly delighted with progress on the dredging project at the mouth of the Guadiana river, even though nothing had happened, and did not until January this year.

The council, backed by locals dependent on tourism for their livelihood, were left waiting for the Spanish partners to start work.

Parchal murderer given 21 years

gunThe case of the Parchal scrap yard owner who was murdered last March has been heard and the defendant judged.

José Ganhão is to serve 21 years for the aggravated homicide of Luis Duarte, 76, whom he killed with two shots in the head.

Portimão Council prepares to borrow €150 million

portimaocamaraPortimão Council is taking the first steps towards a successful government loan of up to €150 million.

Money from the Municipal Aid Fund would serve to pay off bank borrowings and to settle overdue accounts with over 200 suppliers, 27 of whom have already had to go to the expense of court action to try and get money from the financially incompetent council.

Portugal - company failures slow but small businesses are hit hard

taxThe number of company failures in Portugal at last has started to ease off with the 2014 figure showing a decline for the first time since 2010.

There were 6,773 corporate insolvencies in 2014, with the second half of the year showing a decline in numbers.

British builders often shortchanged

buildingsiteBritish builders are out of pocket by some £2bn every year because clients fail to pay for their work.

Small and medium-sized (SME) building companies are hit, with 70.5% of those which have staff of up to 250 write off an average of more than £10,000 each year, according to a new report looking at small businesses in the industry.

Job seeker finds success at Waterloo

tgvLast year, a young British man took himself to Waterloo station in the quest for a job.

Alfred Ajani stood on the platform and held up a sign – “Marketing Graduate, BA Hons 2.1 Coventry Uni, Ask for a CV”.

Green party wants Portugal's debt renegotiated

greecePortugal’s Green party has welcomed the victory of the Syrisa party in the Greek elections on Sunday, especially the success of Syrisa's "no to austerity" platform.

The Greens commented today that this is the "opportune time for Portugal to require the renegotiation of its debt."

Fuel taxes hike Portuguese pump prices

galpDespite government attempts to persuade the motoring public that the January 1st Green tax supplement on the price of a litre of fuel would hardly make a difference, the truth is out.

Despite falling prices for fuels due to a worldwide drops in oil prices, fuel prices at the pumps have risen almost five cents since January 1st, 2015 due to various taxes.