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Banking confidentiality lifted on 15,000 accounts in last three years

bop2In the past three years, the Bank of Portugal has received more than 15,000 applications to look into accounts held by customers of Portugal’s banks.
 
Following a change in the law in 2010, investigators have had easier access to bank accounts held by those under suspicion after successful ‘removal of confidentiality’ requests were approved by the central bank.

Faro airport rail link - a far and distant dream...

train Portugal's infrastructure company was asked by the government to ponder the viability of a rail link to Faro airport but now claims it also is studying the viability of connections to Lisbon and Porto airports.
 
With a major project underway to connect Portugal’s main ports to a modern rail network, Infraestrutura de Portugal now intends to "connect the national rail network to the three mainland airports of Faro, Lisbon and Porto,” according to the Vice President of the rail and road business, Carlos Fernandes.

Councils' 'Ria Formosa Week' may skip the part about raw sewage

riaformosaFive Algarve councils, each of which manages a section of the Algarve’s Ria Formosa, are to run a campaign to inform students of the area’s natural and national importance.
 
Ria Formosa Week will bring together Faro, Loulé, Olhão, Tavira and Vila Real de Santo António councils, between April 16 and 20, as they carry out various initiatives aimed at 'sensitising' schoolchildren. 

Earthquake registered in Galp-ENI test drilling zone

oceanAccording to information provided by the Portuguese Institute of the Sea and the Atmosphere, an earthquake measuring 3.4 on the Richter scale was registered at 11:55 am, today, Friday 6th April. 

The epicenter of the sizeable quake was located 45 km west-northwest of Cape S.Vicente, pretty much bang on the Galp-ENI drilling site where work soon is to proceed in the consortium's quest for oil and gas deposits.

New shopping centre for the Algarve - this time in Alcantarilha

shoppingbasketThe Algarve soon is to be blessed with yet another shopping centre, this time in Alcantarilha where the Conjunto Comercial Quintas do Rogel is to be built on the A22 motorway access roundabout on the EN125.  
 
The planned layout is for six blocks of shops organised around a central square. The gross leasable area is 1.68 hectares with enough space for 36 shops and another supermarket.

Hotel occupancy figures dropped in March

beachPescadoresAlbufeiraAmid the exceptional tourism growth figures that have come to characterise the Algarve region's contribution to the nation's finances, is the one that tourism bosses want to ignore.
 
In March, the Algarve hotel industry registered an occupancy rate of 53.8%, down a full 2% from the same month in 2017.

Taxpayers stump up €15 million on failed SIRESP comms system

FireOctMore money, over €15 million, is to be shelled out on the flawed SIRESP emergency communication system that failed, with fatal consequences, during last summer’s fires.
 
A resolution that amends the contract between the State and privately owned, SIRESP SA, ‘is being advanced,’ according to the Council of Ministers which has  authorised, “the expense inherent to the improvement of the SIRESP network."

New Bombeiros ambulances grounded as they are 'the wrong colour'

INEMWrongColourNew ambulances purchased for the nation’s Bombeiros firefighting teams have been grounded as they are 'the wrong colour.'
 
Part of the ambulances are painted red, so the Institute of Transport (IMT) has refused to issue an operational licence, without which the vehicles must remain parked.