ASAE’s Criminal Investigation Unit has intercepted a loaded and ready-to-go goods vehicle bound for Paris with about 2,000 items of counterfeit clothing on board, valued at €70,000.
The fake garments had come from a Portuguese textile factory and had been carefully concealed in the middle of the HGV’s innocent looking, legitimate cargo to try and trick any en route inspections.
The decline in profitability of Portugal’s Post Office business continues, with profits down 49.3% to under €10 million for the first nine months of the year compared to the same period in 2017.
CTT boss, Francisco de Lacerda, has been overseeing a major restructuring plan, the cost of which has eaten into profitability. So far, shareholders have allowed him to continue but the lack of return and the erosion of share value leaves him in a precarious position.
Socialist Party MP, Isabel Moreira, has been taking it easy in parliament during the debate on the 2019 State Budget taking place in the Assembly of the Republic.
Finance Minister, Mário Centeno, today opened the debate on the financial proposals for next year which already have the support of the PS, PCP, BE, PEV and PAN.
The Minister for the Environment and Energy Transition, João Pedro Matos Fernandes, has turned from monster into prince after his guarantee yesterday that, "no new oil exploration licences will be issued.”
This unconditional statement tops the earlier Socialist government pledge that no new licences will be issued ‘during the life of this government.’
A cousin of the former BES boss, Ricardo Salgado, has gone bust after a Luxembourg creditor called in its loan.
Sintra Commercial Court has ruled that António Ricardo Espírito Santo Bustorff is totally insolvent, with debts exceeding €14 million owed to seven creditors, among them the Tax Office, Novo Banco, SLF Holding and Haitong-Bank, formerly BES Investments.
Councilllors and local businessmen in the Baixo Alentejo area have criticised the millions of euros that are to be spent to develop Montijo Air Force base as a civilian airport, claiming the Beja airport is not the white elephant everyone seems to think it is.
Jorge Rosa, the president of the Baixo Alentejo Intermunicipal Community, said that the money that will be spent at Montijo, if it goes ahead, is an investment that is, "completely out of the question, it is out of date."
The Portuguese authorities are certain that a corpse found on Saturday in the Valencia de Alcántara area of Spain, is that of an elderly woman who had been missing since August.
The Alzheimer's sufferer was from the neighbouring municipality of Marvão in the district of Portalegre.
Oil company GALP and its partner, ENI, have withdrawn plans to drill off Aljezur in a decision that marks a turning point, with the government finally positioned to pay more than lip-service to its international carbon reduction and green energy obligations.
Environmental organisation, Zero, considers today’s announcement a huge victory for the region's population, the Algarve’s mayors, businessmen and those environmental groups which have been instrumental in changing public opinion and fighting hard to keep the oil companies away from the region's pristine beaches.
