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.

Rome grows older

romebikeThe city of Rome is now believed to be two centuries older than previously thought, according to new finds at its Forum.

Excavations inside the Forum have revealed a wall which dates back to 900BC.

Berlin attracts more property buyers

berlinRenting property is a long established tradition in Germany, but that trend is changing.

Rocketing house prices, propelled by investors, could help turn the property market into one with greater private ownership.

Portugal, 400,000 on minimum wage

shipyardSince 2006 the number of workers in Portugal receiving the minimum wage has tripled.

That number has increased every year for 8 years so that currently 400,000 people that are in work are earning just 485 euros a month before taxes.

Sharp drop in Portuguese bullfighting

bullThere were fewer bullfights in Portugal last year with the number of fights declining to the level of 14 years ago.  

The General Inspectorate of Cultural Activities, the body responsible for overseeing and licensing the activity, stated in its latest annual report that the decrease in the number of bullfights and the number of spectators at each had nothing to do with the crisis -  "despite the economic climate there has not been a significant decrease in the number of shows," but admitted that fewer bullfights had taken place.

Portugal and Spain jointly to promote tourism

4828Portugal’s Secretary of State for Tourism, Adolfo Mesquita Nunes, and his counterpart for Spanish Tourism, Maria Isabel Borrego Cortes, yesterday signed an agreement aiming to unite the efforts of the two countries for the promotion of tourism to emerging international markets such as the United States, Canada, China, Japan and South Korea.
 
Promotional plans for 2014 are already pretty much set so the agreement looks at next year when an 'action plan' will be launched, "The plan this year will focus exclusively on press visits and familiarisation of the tourism trade sector," said Nunes.