fbpx

Portugal welcomes industrial output growth

shipyardIndustrial output in Portugal grew by 0.2% in February, according to Eurostat.

This was the same percentage as the average growth across the eurozone, which was what analysts had expected.

Report holds little hope for Spanish jobless

buildingsiteSpanish Bank BBVA has warned that unemployment in the country could take as much as 10 years to get back to where it was before the financial meltdown, even if it could recover at the rate of 2% a year.

Its report claims the economy is bogged down by low wages, low skills and a lack of investment in research.

Lagos - Dona Ana beach still not safe

donaanaLagos council are cutting it fine as it announced today that work on the access stairway to its famous Dona Ana beach will  start and finish this week.

The main access to Praia da Dona Ana in Lagos is by a wooden staircase which was all but destroyed by the sea in the February storms. The mayor said today that the repairs would be finished in time for the Easter rush, just days away.

Guadiana - two arrested with a tonne of hashish on board

guadianaThe Coastal Control Unit of the GNR announced the arrest of two men and the seizure of a tonne of hashish from a boat on the Guadiana river. The drugs were concealed in the false bottom of the vessel.

In a statement, Coastal Control at Vila Real de Santo António reported that the arrests were made on Sunday afternoon under a joint operation with the Spanish Guardia Civil who arrested two further suspects and seized an unspecified amount of hashish.

Portugal's courts fail to clean up local council corruption

farocamaraOnly 6% of corruption cases brought by the state between 2008 and 2013 resulted in a conviction.

Between 2008 and 2013 more than half of corruption and embezzlement prosecutions were filed, according to the latest report from the Corruption Prevention Council, which reported that 40% of the cases that come to court for these types of crimes relate to local government and local authorities.

Portugal - two in every five euros earned goes in taxes

1centA report released on Friday by the Organisation for Economic Cooperation and Development (OECD) shows that Portugal increased its income tax rate in 2013 to the point where 2 in every 5 euros earned goes to the government.

Income taxes increased by 3.54% in 2013 which compares with an average increase of 0.2 points across OECD countries.

Fog closes Faro airport

easyjetThick fog in the Algarve this morning, Sunday 13 April, caused the re-routing of five flights heading to Faro airport.

Expecting to land on a bright and sunny Sunday morning, hundreds of holidaymakers ended up in Seville or Jerez da la Frontera in Spain.

Spain makes 600 incursions into Gibraltar waters

gibraltarSpanish government ships have entered British waters around Gibraltar more than 600 times since the start of 2013, the Foreign Office has said.

There were 496 unlawful incursions during 2013, with a further 112 in the first three months of 2014, it said.