The latest and third boss of Novo Banco finally has taken over, replacing Eduardo Stock da Cunha who returns to Lloyds Bank in London.
António Ramalho wrote to staff last Friday and commented that ‘these are uncertain times, but times of great opportunity.’
A fire swept through a pine forest in Moura, just over the Algarve border in the Alentejo on Saturday morning.
Pine, grassland and scrub were consumed before 82 firefighters brought the blaze under control and extinguished it.
The Maritime Police in Olhão have towed away a catamaran abandoned over a year ago in the Ria Formosa.
"The vessel was towed to an anchorage on Culatra, where it will remain for the time being. Next week we will start the lost property process and possible auction the vessel for the State," read a police statement.
Portugal’s Minister of Foreign Affairs says the case of the Iraqi twins’ attack on a 15-year-old boy in Ponte de Sor is very serious and that he wants justice to be done.
The minister, Augusto Santos Silva, does not know whether the two sons of the Iraqi ambassador are in the country but claims the Portuguese authorities have maintained "informal contacts through diplomatic channels" with the Iraqi embassy.
As Britain gets ready for the next series of the popular TV competition, The Great British Bake Off, retailers are trying to second guess what hit ingredients the show will introduce.
The seventh in the series will start on Wednesday. This series rising on the horizon will undoubtedly cause a stir, with bakers beating a hasty path to specialist retailers.
Some of England’s award-winning sparkling wine is on its way to conquering a new market.
The first full container of 5,000 bottles is to be shipped this week to nine states in the US.
Portugal’s churches and associated religious buildings have been hit with a wave of council tax bills for properties that since 1940 have been exempt.
The Church says the IMI bills are flowing in and complains of incorrect tax demands but the government says it has issued no new instructions to Finanças to tax Church properties and claims, rather weakly, that not all Church buildings are exempt as this depends on the use of each building.
Portugal’s Tax Authority said today that national banks will be required to report bank account balances, but only those containing over €50,000.
This new information was released by the Ministry of Finance which reckons that anyone with less than €50,000 is unlikely to be involved in tax evasion.
