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Portugal - second coolest summer since 1989

heatSummer 2014 turned out to be the second coolest in the last 25 years, according to Portugal’s weather service, IPMA.

"In the summer of 2014, the average temperature was the second lowest since 1989” with only one official heat-wave recorded which was in June.

Portugal's PM investigated in illegal payment allegations

passoscoelho2Did Passos Coelho receive €5,000 a month from the company Tecnoforma between 1995 and 1999?

A complaint has been lodged that alleges that the current PM, while deputy party leader and electing not to receive income from other sources to receive an anhanced salary, received a €5,000 per month consultancy fee for advice as to how best to obtain funding to train technicians at municipal airports.

Lloyds boss claims 'Novo Banco is attractive'

lloydsHorta Osório, the chairman of Lloyds Banking Group, attended a breakfast meeting organised by the American Chamber of Commerce in Lisbon today and commented that Novo Banco is an attractive proposition due to its market share.

The banker said it was natural that several banks will be interested in buying the ‘good bank’ split off from the defunct Banco Espírito Santo, especially those banks which already have a presence in the country’s high streets.

Paderne - weapons and drugs found in possible Jihadist bolt hole

riflePolice chased and apprehended a suspect whose garage, it later turned out, had been used to house a small arsenal of weapons and enough hashish to supply a heavy rock concert.

A the 26-year old man was arrested by the GNR after he had fired a gun from his car as he drove through Fereiras, Albufeira. He later threw the weapon from the vehicle.

Portuguese economy declines as domestic consumption slows

bankofportugalPortugal’s economic activity fell in August, according to the Bank of Portugal which noted that this was the second month in a row that the figures has defied government wishes.

The index fell 0.6% year on year, which shows a worsening situation which can be attributed to a slow down in private consumption which is still growing, but not fast enough to bring happiness to the Treasury.

GNR’s ‘Safe Summer 2014’ sees rise in road accidents

gnrMore accidents but fewer deaths, is the summary for Safe Summer 2014 when compared to the figures from last year’s summer road safety campaign.

The numbers released by the GNR for the June 1 - September 15, 2014 period, are 20,915 road accidents, 539 more than in 2013, but with fewer deaths as only 110 lost their lives this year compared to 138 during the summer of 2013.

Scotland votes to stay as part of the United Kingdom

scotlandVoters living in Scotland, the vast majority of them Scottish, have decided for themselves and on behalf of Scottish nationals across the world to remain as part of a greater union.

The electorate turned out in huge numbers to vote, with 55% ticking the box to stay in the union.

Portugal Telecom’s new chief 'to put customers first'

ptArmando Almeida replaced Zeinal Bava at the helm of Portugal Telecom on August 18th this year and is promising great things in a company where he aims to change the culture and become focused on the customer.

Zeinal Bava skipped off to Oi in Brazil as soon as the storm broke about PT’s massive loan to Espirito Santo’s Rioforte, a loan which the Rioforte failed to repay as it scuttled off under the safety of the protection of Luxembourg's legal system.