Portugal's Attorney General's Office is investigating the investment of €900 million by Portugal Telecom in Rioforte, controlled by the Espírito Santo Group, and other events surrounding the Group's financial meltdown.
The Public Prosecutor has confirmed that investigations into the problems at various Espírito Santo companies began before revelations reached the press and become public.
Wind farms have come under renewed fire in the UK as environmental agencies oppose plans for a new one off the south coast of England.
Rampion wind farm, with up to 175 very tall turbines, has been approved by ministers in the first wind farm on that coast.
Supermarket giant Tesco is to use some of its undeveloped land in the UK for 4,000 houses instead of supermarkets.
The retailer has reduced its plans to expand in the UK, where it is estimated to own a landbank large enough to allow for 15,000 houses.
Monarch Airlines, along with its group companion Cosmos Holidays, are believed to have received an injection of £60 million.
This will be the third time in five years that Swiss billionaires have recapitalised the business. In 2009 £45 million was injected, followed two years later by £75 million.
The Mayor of Faro Rogério Bacalhau claims that the Faro region, and most importantly its capital, does not have enough hotel space to accommodate the number of tourists that he would like to see in the regional capital.
"We have a problem in the city, the problem is a lack of beds. We have a landmark hotel, but the other hotels we have are old, they do their job and are adequate but we can not accommodate large groups coming to town," claims Bacalhau.
Tavira and São Brás councils have reported that there have been hardly any new trees planted after the devastating fires of 2012.
Over 24,000 hectares were affected in one of the worst fires ever seen in the eastern region of the Algarve and the government pledged money for rebuilding affected properties and to set up a support system for those wanting to replant trees.
The Algarve’s Borders and Foreigners Service have been checking up on owners and crew of boats moored in havens across the Algarve region.
The SEF management announced that its men inspected 50 boats and checked the documents of 80 foreigners.
A punch-up at Portimão’s Barlavento Hospital has been taken up by MPs who have asked the Ministry of Health for some clarification.
The fight broke out between two nurses and a Spanish doctor who was accused by the nurses of refusing to help save an elderly woman, who died.
