Algarve and Andalusia jointly to promote fruit sales

oranges2An e-commerce and Business Cooperation accord was presented to the world today in Faro. The agreement aims to deepen the collaboration and expand e-commerce opportunities between companies in the Algarve and Andalusia in Spain.

Faro councillor Paulo Santos explained that the cross-border project is an important initiative to encourage and facilitate business cooperation between companies in the Algarve and Andalusia, adding "It is important that there is synergy to support the economy in these two areas."

UK and eurozone interest rates on hold

eurozone2The interest rate for the eurozone has been kept at its record low of 0.25%, while in the UK interest rates are to remain at 0.5%.

The euro region rates have been the same since November 2013. The interest rate low in Britain has last for five years already. Analysts believe it will not rise until this time next year.

British Museum boasts most visitors

britishmuseumThe British Museum turned up trumps again last year, maintaining its position as the UK’s most visited attraction.

More than six million visitors, a 20% increase over 2012, went to view its vast treasures and special exhibitions.

Switss divulge details of suspicious BES accounts

submarineBank details that prosecutors suspected of belonging to politicians in the Submarine case have been released by Swiss authorities and turn out to be accounts held by BES Directors.

The Swiss Supreme Court decided to reveal the account holders to Portugal’s Public Prosecutor. The data relating to the three bank accounts was requested in May 2012 by Portugal’s Central Department of Investigation and Penal Action.

Portugal's chance for bio-fuel leadership

oilPortugal currently is missing out on a significant opportunity to convert household waste, as well as industrial, agricultural and forestry wastes, into advanced renewable biofuels, according to a new report.

The report, 'Wasted: Europe’s Untapped Resource' has been published following a project convened by the European Climate Foundation (ECF), a philanthropic organisation promoting climate and energy policies to reduce Europe’s greenhouse gas emissions.

Portugal outstrips eurozone growth

lisbon2Business activity in the eurozone in February grew at its fastest pace since June 2011.

The increase was greater than had been forecast and observers are predicting continued growth for the first quarter of 2014.

Sugar in the spotlight

sugarThe World Health Organisation has recommended that consumption of sugar be cut back by half to help reduce health problems.

The advice comes just a day after the chief medical officer in the UK said that a tax on sugar may need to come into force in order to fight rising obesity rates. Dame Sally Davies said research was likely to find that the ingredient is “addictive”.

High rates of violence against EU women

abuseOne third of women in the EU have been subjected to physical violence or sexual abuse since the age of 15.

Assaults have taken place against 62 million women in Europe, according to the most comprehensive study of its kind.