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Float from missing Olhão boat found in Lagos

seasA fishing float was found today near the beach of Meia Praia in Lagos and has been identified as coming from the Olhão fishing boat missing since Monday.

Today’s swell and high winds prevented any searches by sea, but the authorities patrolled the coastline supported by vehicles where possible in an attempt to recover what certainly now will be the corpses of the two missing fishermen.

Half of Portugal’s young want to leave the country

airplane2Unemployment, looking for a better job, just plain broke are some of the many reasons given by Portugal’s youth for their desire to leave the country for pastures new.

A new study shows that if those wanting to leave joined those that already have left,  57% of the country’s youth will be based outside their motherland - a missing generation of potential taxpayers.

Sanity at last at Portimão council

portimaocamaraThe eagerly awaited Portimão council budget for 2014 will focus on strengthening social support, if new leader Isilda Gomes gets her way.

"The Municipal Emergency network must respond to the neediest people. Forty years after the 25th of April we can not have people starving again," said Gomes, explaining that strengthening the budget for the social sector is still under detailed examination, “everything will have to be analyzed, all the pros and cons."

Ryanair drops prices to keep customers

ryanairRyanair has reduced its charges for ‘excess’ baggage.

Now the levy is £10 per kilo instead of the £20 it formerly demanded.

Package holidays return to popularity

benagilThe travel specialist, TUI Travel, has seen its profits rise on the back of an increase in package holiday bookings.

Europe’s largest tour operator says that all-inclusive package holidays are “back in vogue”.

New HMRC guidance on QROPS pensions

hmrcInterested in a UK pension transfer to QROPS? HMRC has issued new advice on overseas pensions.

QROPs, or Qualifying Recognised Overseas Pension Scheme, denotes any offshore pension scheme recognised by HMRC into which non-UK residents transfer their UK private or corporate pension, free of tax.

Moviflor unable to pay wages

moviflorWorkers at the Moviflor furniture store in Olhão have not been paid properly since August and some families are facing dire straights with bills unpaid and a bleak Christmas to look forward to.

The workers’ union, CESP, said today that "workers are worried about the viability of the company that continues to employ them but is unable to pay their salary arrears. There are many families experiencing difficulties without money to buy food or pay for kindergartens for their children, but they continue scrupulously to fulfill their work schedules," said Maria José Madeira, leader of the union in the Algarve.

Severe weather hits Madeira

maderira4709High winds have battered the Portuguese island of Madeira, forcing the cancellation three flights departing from Lisbon, and another from Oporto.

The bad weather also led to the diversion of other two flights, one from Sweden that was sent to Porto Santo, and another from Germany which ended up in Lanzarote.