Left Bloc slams 'millionaire salaries' at Caixa Geral

catarinamartinsThe Left Bloc leader, Catarina Martins, has insisted to parliament that the directors’ salaries at Caixa Geral de Depósitos are "not a done deal" and can still be reduced.

Martins was enthusiastic in her debating style, stating that the Prime Minister has her party’s "full opposition to the salaries for the new management at the State-owned bank.

Docapesca has ignored Algarve's poor and crumbling dock facilities

FaroDocksNewMarinaSmallThe poor state of Faro’s harbour is allowing water to seep under nearby roads, pavements and gardens.

Rogério Bacalhau, president of Faro Council, is concerned about the situation and says that the city really can not continue to wait for Docapesca to get around to fixing the problem.

Ryanair introduces new charges

ryanairRyanair has announced plans for a new passenger tax.

The low-cost carrier will charge passengers a fee of £6 if they check-in more than four days before their flight.

More Britons in EU seek new citizenships

passportbulgarianAn increasing number of Brits vote are trying to gain new nationalities.

At least 2,800 Britons applied for citizenship in 18 countries from January to the beginning of September this year. This was a leap of more than 250% on the numbers recorded in 2015.

Cruise ship causes alarm in Portimão's Arade river

cruiseshipThe 'Thomson Spirit' cruise ship, carrying over 1,000 passengers, appeared to run aground in the Arade river on Tuesday, remaining in the channel for 90 minutes while the Captain carried out docking maneuvers.

The badly silted up channel has long been the reason that larger cruise ships will not attempt to dock at Portimão, thus depriving the city of tourist revenue.

Relief from 'sunshine tax' for properties rated below €250,000

villaHigher property taxes for good sun exposure and fine views, the so-called ‘sunshine tax,’ will not apply to properties with a rateable value of under €250,000.

Parliament today approved a proposal from Portugal’s Communist Party that limits the 5% Imposto Municipal sobre Imóveis (IMI) sunshine tax increase for properties with a rateable value below €250,000.

Bank of Portugal already bleating about its 2017 budget contribution

BoPCostaAsleepThe dividend that must be paid by the Bank of Portugal to the treasury, required as part of the 2017 State Budget, has been set sharply higher and already is causing tension between the bank’s governor, Carlos Costa and the socialist government.

The government has budgeted for a contribution of €450 million from the State bank, up €303 million from this year.

Faro council rejects €2 million offer for 'Nkisi Nkondi'

FaroAfricanArtFaro council has rejected a €2 million offer for a single item of African art housed at its municipal museum.

Entwistle, the UK-based dealers in African artifacts, made the offer for ‘Nkisi Nkondi', a Congolese figure.