fbpx

Madeleine enquiry cost tops £10 million

scotlandyardThe McCann case has a new prosecutor in Portugal who is determined to help solve the mystery of Madeleine’s disappearance from a Praia da Luz holiday apartment in 2007.

Ines Sequeira is “utterly determined” to solve the case and expects Metropolitan Police officers to return to the resort to “re-interview” three suspects in an effort to shed some light on the girl’s disappearance.

Olhão's Berlin Wall torn down

trainA 300 strong crowd gathered on Saturday morning at the Berlin wall in Olhão to listen to the mayor’s speech and to voice their concerns that should Refer get its way the crossing will stay closed.

Finding that public-spirited locals has removed the offending fencing that has for many divided the city in two, unless locals take a steep and awkward underpass to cross from north to south, the mayor gave his speech anyway – there were TV cameras there after all.

Brits spend fewer hours watching TV

bbcThe amount of time people in the UK watch television has been in decline, especially among those aged between 16 and 24.

Viewing times among young people dropped for the third consecutive year, going down to an average 148 minutes a day in 2013 from 169 minutes in 2010.

Algarve's 'Rota do Petisco' food trail now part of the annual fun

shellfishThis year was the fourth and certainly the most popular year to date as over 100,000 meals will have been served in restaurnats and bars in the three council areas participating in the Rota do Petisco that promotes traditional cuisine at a very reasonable price.

Organised by Teia D'Impulsos, the event began on September 5 and ends tonight with the total number of meals served already beating the 100,000 in 2013 which best all expectations.

BES' Ricardo Salgado justified €1.3 billion black hole as an 'accounting error'

salgadoBESCarlos Costa, the current governor of the Bank of Portugal looks increasingly like a man in need of a new job as it emerges that he knew of the black hole in Banco Espírito Santo’s account  as far back as December 2013.

The serious problems at BES were only revealed in April 2014 when it was announced that Ricardo Salgado (pictured) justified the loss as being an "accounting error," but error or not, it was enough to bring down the bank.

Council staff cuts to be imposed by government

portimaoMunicipalities in a state of financial distress, panic or in the case of Portimão, insolvency will have to reduce their workforce by 3% to save money, or the state will reduce central grants by an equivalent amount.

The number of lay-offs will be based on the headcount as at December 31, 2014 and is one of a raft of measure in the 2015 State Budget designed by the government to reign in errant councils which happily run up debt and expect the general taxpayer to fund their excesses.

British pensions among Europe’s worst

pensionerBritish pensions are among the worst in all of the European Union countries.

While pensions in Germany, Denmark and Poland rose in value, nearly 10% has been lost on British pensions since the year 2000.

TAP sale corruption probe

relvasThe Attorney General's Office is taking a keen interest in the aborted sale of TAP in late 2102 when Gérman Efromovich’s Synergy group ended up as the only bidder yet was denied the prize on a trumped up condition allowing Pedro Passos Coelho to pull the sale.

A secret investigation was started last year and has been extended due to the discovery of 'new facts.'