Germany appears to be seeking to put a cap on the amount of Chinese investment in the country’s businesses.
Chinese enterprises, many backed by the Chinese government, have taken over a record number of German tech firms this year and spent more than €11 billion in the first ten months of the year, according to accountants EY.
French hopes to entice companies from Britain in the aftermath of Brexit will have been knocked down several pegs by the World Bank.
A fresh business ranking from the Bank, Doing Business 2017, rated France as only 29th in the world for “ease of doing business”. Moreover, this was one step down from the rank it held the year before.
The Algarve’s Culture Directorate is applying to expand the protected area under which lie the remains of the Roman city of Balsa.
The Regional Directorate’s Alexandra Gonçalves said that DRCALgarve is to propose to the General Directorate of Cultural Heritage that it opens a ‘classification enlargement procedure’ as Balsa is a site of national interest and the current protection zone covers only a small section of the city’s remains.
The Minister of Agriculture, Forestry and Rural Development, Luis Capoulas Santos, announced significant changes in the management of Portugal’s forgotten hectares, many of which are planted with eucalyptus trees.
"Today is a historic day for the Portuguese forest," Santos announced on Oct 27, after an extraordinary Council of Ministers ministers meeting where it was agreed that a land bank be established to take over land that genuinely belonged to nobody and land with no owner as yet registered.
The Spanish parliament voted in a conservative government on Saturday.
By 170 parliamentarians in favour to 111 against, Mariano Rajoy and his Popular Party received approval to resume power.
Italy has had to cope with a record number of migrant arrivals in October.
The country’s interior ministry released figures on Thursday that showed 26,161 reached Italy so far during the month. An additional 1,000 people were rescued from dinghies later the very same day.
Another 'factually challenged' civil servant has been exposed. This time it is the chief of staff for the Secretary of State for Youth and Sport who pretended he had two degrees when in fact he had none.
Nuno Felix’s exit was immediate and is welcomed, especially by readers of the Observador newspaper whose journalists uncovered the deception.
The new president of State/owned bank, Caixa Geral de Depósitos, has exempted himself from the rules that apply to high ranking employees of State/owned companies and will not submit an income and assets statement to show his affairs are in order and all taxes due have been paid.
This unique exemption is covering the entire board of directors at Caixa Geral who not only have been awarded private sector salaries but now are being treated as private sector, not public sector employees.
