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Algarve's scaled down EN 125 roadworks schedule

en125postThe work to renovate the EN125 road, winding across the Algarve through towns and villages now choked with traffic, should be completed "in 2016" - no month given.

This is the promise of Estradas de Portugal which yesterday presented the schedule of works to the Algarve Mayors Group, AMAL.

Loulé 'White Night' again cancelled

whitenightAs widely predicted, Loulé Council has decided not to host the popular ‘White Night’ event this year, due to ‘financial reasons.’

In today's statement, which guaranteed the return of the event in 2015 as a sop for the locals, Loulé council stated that "this decision lies primarily with the financial legacy left by the previous executive, in the order of €80 million of liabilities, and accordingly this event would have had a major financial impact on the city council budget."

Portugal still imports more food than it exports, €3.7 billion more

fruitPortuguese exports of agricultural and food products increased by 11% in 2013, according to the National Institute of Statistics, but this increase was swamped by a flood of food imports with shoppers eschewing local goods for imported ones.

This consumer behaviour, due primarily to the supermarket chains controlling supply, is easy to change but not seen as Community minded behaviour.  

Portugal fails to get a grip on public finances

assemblyPortugal's public debt has risen an astounding €7 billion to 132.9% of GDP.

Despite punitive austerity measures, allegedly booming tourism receipts and, the public are told, a growing business sector, the government is presiding over a financial fiasco due primarily to its inability to tackle public sector expenditure and taking on over €70 billion in loans from the Troika.

New seatbelt could prevent untold deaths

accident125A ‘smart’ seatbelt has been developed in Spain designed to warn drivers if they are starting to fall asleep at the wheel.

The seatbelt will monitor heart rate and can detect when breathing and heart rate slow down.

New trend in renting embraces more mid-life Brits

mansionAn increasing number of middle-aged Brits have become the second largest group in the UK to rent their accommodation, with students still holding the number one slot.

People in the 35 to 55 age bracket are renting in greater numbers than before and even sharing accommodation with increasing frequency.

Business leader dubs French economy “catastrophic”

baguetteThe French economy has been lambasted by the country’s business federation.

“The economic situation of the country is catastrophic … if France was a company, it would be going bankrupt”, said Pierre Gattaz, president of Medef which is similar to the CBI in the UK.

Portimão Urbis to close

portimaoarenaPortimão Urbis is to be wound up, the council finally has decided and workers have been informed.

Around 50 staff already have been sucked back into the council’s mainstream operations but now it's official as the review of the council’s main trading company which runs, among other businesses, the Arade Exhibition Centre (pictured), had been completed.