Not the Tesla giga-factory but the car brand which, after a promise by founder Elon Musk, is now available for delivery to Portugal.

Online orders will be taken at the US factory for direct delivery, or to a Tesla agency opening in six months time.

While the fumbling Governor of the Bank of Portugal dithers over the Novo Banco sale, which may well expose him as the most expensive leader of Portugal’s central bank in its history, four new contenders have arrived on the scene to distrub his sleep.

These latest chancers are not interested in Novo Banco per se, but in buying up all the bad debts and non-performing loans held by Portugal’s high street banks – around €15 billion’s worth.

 A study by Carspring reveals the sharp difference in the value of used automobiles around the world.

• The UK is the 2nd most affordable country to buy used cars worldwide
• Singapore is the most expensive country to buy every model
• Car depreciation varies significantly depending on the market

Portuguese government debt is the second highest in the euro area, according to fresh figures from Eurostat

The ratio of debt to GDP was 133.4% by the end of the third quarter in September 2016.  This amounted to €244,397,000.

The influential magazine, Today's Golfer, has awarded the Best European Golf Destination to the Algarve.

This golfing ‘Oscar’ results from readers’ votes with 48% choosing the Algarve region’s golf courses.

A deadly feline virus has been brought under control at the Algarve’s largest cat rescue and adoption centre, but street cats and unvaccinated pets elsewhere in the region and throughout the country are still at risk.

The Feline panleukopenia virus (FPV), also known as feline distemper or cat plague, is highly aggressive and contagious. It kills within a week, sometimes within 24 hours.
The outbreak in the spacious Carvoeiro Cat Charity refuge near Porches started with the impromptu arrival of a single infected kitten. It ended up killing 80 cats, about 25% of the total number being cared for.

Novo Banco could be given away rather than the taxpayer underwriting future losses if the bank is sold.

Bidders still interested in the purchase of the high street bank are only interested if the State indemnifies them againt future losses resulting from hidden bad debts, non-perrforming loans and other horrors that lurk in the bank’s carefully worded accounts.

Portugal’s deficit for 2016 was down by €497 million and the total "will not exceed 2.3% of GDP," according to a statement today from the Ministry of Finance.

The total deficit was €4.256 billion, primarily resulting from less government expenditure and an increase in Social Security income as more people were in employment.