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Alcoutim's new projects, as voted for by the public

alcoutimIn the same way that Loulé council agreed to fund projects in cooperation with local parishes after a voting process open to all, Alcoutim council also is to fund two projects chosen by locals.

€100,000 has been allocated for two projects on the border county, one of which is in the village of Vaqueiros which need a lot of work to counter years of neglect.

Study highlights inequality in Germany

mercedesThe gap between the rich and the poor in Germany is likely to be considerably higher than previously believed, according to a new study, which also says that the gap is growing.

Fresh research reveals that the richest 10% of the nation own an average of €1.4m in assets. This amount is 80 times more than the annual median income for German households.

Half of Britain’s new businesses shut within five years

highstreetMore than half of all new businesses started in Britain fail to last beyond five years.

Survival rates are lower than before the banking crisis, research by commercial insurer RSA found.

Algarve lifeguards fined in summer beach clampdown

albufeirabeachIllegal trading and the parking vehicles in the sand dunes were the main offences registered on the Algarve’s beaches this summer.

The regional commander of the Southern Marine Police, Paulo Isabel, reported that by the end of September there had been 144 violations ranging from people selling food, jewelry or clothing without a license which attracts fines of between €25 and €500, to dogs being in the wrong place at the wrong time.

Faro’s street animals to be sterilised

catFaro council and the Associação Animais de Rua (Association of Street Animals) have established an agreement that kicks off a campaign for the registration, vaccination and sterilisation of the stray and wandering animal population, focusing on those around Faro beach.

This is the second phase of the sterilisation project that studies and treats stray animals in the Faro area and which is due to run until November 1.

Britain evolves into a nation of renters

councilhousesOut of all Britain’s housing stock, one in five houses is now a buy-to-let property.

Two million private landlords own and rent out five million properties.

Warning of fake Finanças email

financaslogoThe Tax and Customs Authority said today that a fake, or 'Phishing' email is doing the rounds enticing recipients to click on a link which will download and install malicious software.

The email should be deleted by anyone receiving any communication that asks taxpayers to click to find out more or to access any files - they do not exist.

Financial Times hints at debt pardon for Portugal

ftIn an interview today with Económico, Chris Giles, the economics editor of the Financial Times commented that a restructuring of debt for Portugal seems inevitable given the high indebtedness of the country.

Giles said that the restructuring is not needed immediately but that the high level of debt of Portugal means that sooner or later deals will have to be done with the country's lenders.