60-somethings get their kicks on Route EN2

EN2markerChavesA group of 60-year-olds are walking between Chaves and Faro on the country’s very own version of ‘Route 66’ - the EN2

The three men, aiming to average 30 kilometres a day, left Chaves on Monday and have a mission to complete the 738.5 kilometers to Faro in 25 days.

Cape St Vincent earthquake 'not related to Brexit'

earthquakeChartAn earthquake measuring 2.6 on the Richter scale, with an epicenter out at sea about 30 kilometers south-southwest of Cape St. Vincent, was recorded at 1:11 am today by the seismic station network.

According to the Portuguese Institute of the Sea and Atmosphere, there was "no information confirming that this earthquake has been felt on shore."

Brexit: UK to pay health costs of retired Britons in EU if no deal agreed

brexitLenThe government has thrown a potential £500m Brexit lifeline to 180,000 British pensioners in EU countries outside the UK who rely on the NHS to pay for their healthcare, writes Lisa O'Carroll for the Guardian.

Health minister Stephen Hammond has said the government is committed to covering their healthcare for 12 months after exit day in the event of no deal.

Spanish investors buy the most Portuguese companies

spanishfactoryBritish investors, involved in a rather complex on/off exit process from the European Union, have invested in Portugal, ranking second in the table of cross-border operations, after Spain.

'Spain brings neither a good wind nor a good marriage,' reads the Portuguese adage, but this is not heeded by Spanish corporates which have been bold in snapping up Portuguese opportunities.

BES former director claims €43,950-a-month pension

novobancoshinylogoRicardo Salgado's right hand man at Banco Espírito Santo was awarded more than €1 million when he left the bank in early August 2014.

Amílcar Morais Pires received the massive cheque in compensation for loss of office and the perks of his job that included a chauffeur-driven luxury car and private security.

Rodrigo Lapa's stepfather to be tried in Brazil for Portimão murder

rodrigoLapaThe murder of Rodrigo Lapa, allegedly killed by his stepfather in Portimão in 2016, has been handed over to the justice system in Brazil.

A formal request has been made under the Extradition Convention between the Member States of the Community of Portuguese Speaking Countries, given that the accused is a Brazilian national and lives in Brazil.

S&P critical of Portugal's banks for paying dividends

novobancoshinylogoThe Standard & Poor's ratings agency says Portugal’s banks continue to face obstacles in generating profits and improving efficiency.

In a statement released last Friday, when Portugal's rating rose from 'BBB-' to 'BBB with a stable outlook,’ S & P commented on the country’s banking sector’s problems which included weak demand for credit.

Eight illegal workers nabbed in Albufeira

SEFOfficers from Portugal’s Aliens and Borders Service (SEF) announced today that eight people have been identified as illegal workers in various establishments in Albufeira.

A surveillance operation was mounted to spy on staff at two restaurants and one laundry, all in Albufeira.