The national figure is 21%, but the Algarve is near the top of the list with 27% of pharmacies trading as insolvent or with charges over their assets.
At the start of 2018, 31 one pharmacies in the Algarve faced insolvency or seizure of assets, according to a tracking survey from the statistics centre of the National Association of Pharmacies.
Dieselgate rumbles on with Portugal’s Institute for Mobility and Transport (IMT) reiterating that cars affected by Volkswagen Group’s massive fraud that have not received a vital software update, may not legally be driven on Portugal’s roads.
Consumer watchdog Deco recently launched a survey to find out how this software update had affected VW Group vehicles and was taken aback when of 10,584 owners, many said their cars were suffering from increased engine noise and were using more fuel despite having less power.
The list is a long one, some 106 names, all of whom are registered on bank statements recording payments from Espírito Santo Enterprises which made transfers via an offshore company in the British Virgin Islands.
This offshore company is suspected as acting as the channel through which the Espírito Santo Group, aka Ricardo Salgado, ensured support where needed and silence when necessary.
A 53-year-old Spanish citizen and a 22-year-old Moroccan have been arrested during a dawn raid on their fishing boat as it transported 56 bales of hashish towards the Algarve.
Portugal’s Judicial Police, Air Force, Coastal Control Unit of the GNR and the Maritime Police, were involved in a coordinated operation to intercept the vessel off Manta Rota beach, Vila Real de Santo António.
Following the earthquake in Arraiolos last Monday, Monchique today registered an earthquake of 3.3 on the Richter scale.
The tremors hit at 11:42 on Saturday, January 20th, with the epicenter estimated to have been 10 kilometres northeast of the town and many locals feeling the results.
As the trial of the former directors of the collapsed Banco Privado Português nears its conclusion, prosecution lawyer have asked the courts to throw the book at João Rendeiro, the former president of the bank.
Stating that Rendeiro, Paulo Guichard and Salvador Fezas Vitalis should be "severely punished," the lawyer acting on behalf of the bank, said they should all be locked up.
Using inflatable balloons, work will start on Saturday morning to right the dredger that capsized in the Ria Formosa lagoon near Armona this Tuesday.
Olhão’s port captain, Nunes Ferreira, said operations will commence at 09:00 and, if all goes according to plan, the 80-metre dredger will be righted on Sunday or Monday.
Portugal's consumer watchdog, Deco, has claimed that the country’s banks have “no known legal basis” to block bitcoin-related transactions.
Banco Santander Totta, is stopping bitcoin-related transactions and has claimed that cryptocurrency exchanges are non-regulated financial products.
