Kamov maintenance hangar sealed off by Civil Protection Authority

KamovHelicopterThe Civil Protection Authority has been accused of closing down the Kamov helicopter maintenance area at Ponte de Sor and kicking out the Russian engineers.
 
On Tuesday, "The National Civil Protection Authority closed down and sealed the facilities where the Kamov helicopters are being stored and expelled the Russian teams that were servicing the aircraft," states Everjets. 

Violent crime decreases but arson and ATM crime on the up

burglaryThe Annual Internal Security Report for 2017 recorded a 3.3% increase in general crime but a welcome  8.7% decrease in violent and serious crime.
 
Fake currency, forest fires and a rise in internet fraud contributed to a 3.3% increase in crime last year, according to the Minister of Internal Affairs.

Storm Irene to ruin Easter - Algarve escapes the worst

RainLogoA new storm is on its way with a dramatic change in the weather over the next few days.
 
The pattern of the coming storm is the same as the one in March, with depressions and cold fronts crossing the mainland.

Novo Banco lost €1.4 billion last year - 440 further jobs to go

novobancoshinylogoNovo Banco, which was meant only to hold all the good loans and assets from the collapsed BES, has reported a net loss of €1.395 billion for 2017, significantly higher than the €788 million the bank lost in 2016.

The 2017 accounts, signed off by CEO António Ramalho, refer to the year in which the Resolution Fund sold 75% of Novo Banco’s shares to the American Lone Star Fund for zero euros, while hanging on to 25% to ensure the public would continue to throw billions at the disaster created by the Bank of Portugal.

Telecom rip-off - MEO customers charged €12-a-year to have their bills posted

alticeLogoFrench company Altice, owner of Portuguese telecoms provider Meo, has started charging its customer €1 each time it sends them a bill through the post.
 
Consumer rights organisation, Deco, has slammed the practice as totally illegal but Altice has hit back, claiming Deco’s objections have besmirched its reputation.

SEF and airline staff on strike, TAP flight cancellations, low temperatures and driving rain - Happy Easter!

ryanairThe Foreigners and Borders Service (SEF) yesterday announced a strike from Tuesday, March 27, until Thursday, March 29, in protest against the "chaotic situation" that exists in the service. (HERE)
 
It can not be predicted how the SEF strike will affect the smooth running of Portugal’s airports which are preparing for a busy week prior to and over the Easter break.

Deutsche Bank sells off last branches in Portugal

deutschebankDeutsche Bank finally has marked an end of its branch level involvement in Portugal with the sale of its remaining sites to Spain’s Abanca.
 
The Galician bank already has four branches in Portugal and wants to strengthen its spread at a time when all other banks are reducing branch numbers.

More ecopoints across the Algarve

plasticCupsThe Algarve’s rubbish collection and recycling company, Algar, is buying more ecopoint recycling bins at a cost of €1,800 per unit.
 
This spend of €1.4 million will extend the Algarve network of ecopoints to 3,500.