Chinese tourists on shopping trips to Portugal are now averaging €1,242 for each luxury purchase they make.
In the last nine months Chinese big spenders visiting Portugal have roared ahead of the Angolans, Brazilians and Russians and now can claim the highest average spend.
Angolan tourists as a group still spend the most, but the Chinese are catching up both the Brazilians and the Angolans soon to become the most important tourist group for Portugal’s luxury goods sector.
The Deputy Prime Minister, Paulo Portas, said today that Portugal’s export figures for the third quarter are “fantastic” and that 2013 is clearly better than the best year ever.
Seamus Montgomery, arrested in Essex back in 2010 for supplying fake British MoT certificates from his home in Alvor, Algarve, has been sentenced to a suspended sentence in a case that has been 'a great burden' on him and his wife.
Portugal’s restaurateurs claim they are suffering discrimination and are to appeal to the Constitutional Court to force the VAT rate on meals back down to 13%.
José Manuel Durão Barroso, former Portuguese prime minister and current president of the EC, stopped short of criticising Portugal’s Constitutional Court, but warned of the ‘consequences of its decisions,’ and by describing those consequences, has attempted to discredit the court's role in the Portuguese political and legal system.
The Secretary of State for Fiscal Affairs, Paul Nuncio, claims that more than 140,000 taxpayers have made payments under the recently announced tax amnesty.
A Portuguese court had slammed Santander and its treatment of a business customer who was pushed into a complicated Swaps contract when all the management wanted was a loan.
The sturgeon are still juvenile but in good health, growing fast and when old enough will be able to produce high value caviar destined for the Algarve’s top level restaurants.









