Astronaut Tweets congratulations to Portugal from space

astronautVurtsCongratulations for the Portuguese national football team have poured in from across the globe as the nation celebrates victory over France in the Euro 2016 final last night in Paris.

A message with a difference has been posted on a Twitter page from a NASA astronaut who previously had posted a night-time picture of Portugal, Spain and France.

Portugal’s population dips but remains above 10 million

eumapThe population of European Union nations was estimated to be slightly more than 510 million on 1 January 2016.

This was a rise of nearly 2 million people from the last estimate of 508 million the previous year.

Russian mafia gangs extend networks in Germany

mafiaThe Russian mafia is stepping up its activities in Germany, according to the country’s criminal police chief.

The head of Germany’s Federal Criminal Police Office (BKA) said the “Russian-Eurasian” organised criminals now have a major foothold with the “potential to cause enormous damage”.

Portugal's victorious football team to receive top honour

rebelodesousaThe manager, Fernando Santos, and each member of Portugal’s winning football team is to be awarded the Commander of the Order of Merit.

A delighted president, Marcelo Rebelo de Sousa, said, simply, "We are the best!'

Conforama's new Olhão store shows 'confidence in the Algarve market'

spanishluxuryhomeOne Portuguese company that has no fear of Ikea’s imminent opening in the Algarve is Conforama whose new store in Olhão on the EN125 opens this coming Thursday, July 14th

The site was occupied by furniture retailer Moviflor which ended its 40-year history with debts of around €130 million and the closure of all its stores in October 2014.

IMF believes eurozone growth will fall back

imfThe International Monetary Fund has reduced its growth forecast for the eurozone as a result of the Brexit vote.

It said on Friday that the new climate of uncertainty in the eurozone will harm consumer and investor confidence, slow economic growth and add to financial market volatility.

Spain accuses VW of fraud

vwlogosVolkswagen’s tribulations resulting from its emissions fiddling are set to deepen further after a judge in Spain charged the auto giant with suspected fraud and pollution damage to the environment.

The company is accused of “suspected participation in fraud, causing damage to a great number of people, of subsidy fraud and of damage to the environment”, according to a statement issued on Friday.

European Commission decides to punish Portugal for 2015 deficit

euThe European Commission has decided to punish Portugal and Spain for their budget deficits and the general lack of effort displayed to rein in public spending to correct the poor figures.

Stiff fines and the threat of sanctions are now very much on the cards as the process is passed to Ecofin, the European Union members’ finance ministers group, which is due to meet on Tuesday July 12th .