Douro Azul, the largest cruiseship operator in the country, is threatening to ditch the Portuguese flag because of the time it takes to get business done in Portugal.

The sale of luxury, super-sports cars is suddenly going off the scale in Portugal, with the largest percentage increases registered for years.

Portugal’s Socialist party (PS) has rejected a series of proposals to either scrap or temporarily suspend the Algarve’s A22 motorway tolls, saying that the country simply cannot “afford to do so”.

In what has been described as a racist attack, a Portuguese mother and her daughter have been pelted with eggs by a group who set on them after hearing them speaking Portuguese on their way to a Leyton health centre.

Wherever one looks politicians and pundits are slating the government’s decision to sell Novo Banco to American equity firm Lone Star Funds.

Annual IMI (rates) levied on rustic land are about to change - according to their size and location.

Credit Suisse has been dragged into yet another investigation into whether clients used the Swiss bank to evade taxes, after a tip-off to Dutch prosecutors about tens of thousands of suspect accounts triggered an international probe.

Coordinated raids began yesterday in the Netherlands, Britain, Germany, France and Australia, the Dutch office for financial crimes prosecution (FIOD) said, with two arrests confirmed so far, reports Reuters.

The map of licences and concession areas published on the National Entity for the Fuel Market’s website has been updated to show the exploration areas off the southern Algarve coastline, awarded to the Repsol-Partex consortium, have been scrapped.

The Lagosta, Lagostim, Sapateira e Caranguejo blocks have been removed due to a government edict to the ENMC dated March 9th.