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All 17 Golden Visa suspects to be tried

GoldenVisaPortugal's public prosecutors have succeeded in presenting compelling cases for each of the 17 suspects in the Golden Visa investigation into corruption and peddling influence: all are to be tried.

The accused include the former Minister of Home Affairs, Miguel Macedo, whose protestations of innocence and his “the buck stops here” resignation was followed by his arrest.

Lisbon airport renamed in tribute to Portugal's 'General sem medo'

humbertodelgadobwAs from today, Sunday 15th of May, Lisbon’s airport officially will have the name Lisbon Humberto Delgado Airport in tribute to one of Portugal’s fearless, outspoken and brutally murdered politicians of the dark Salazar years.

The ceremony marking the name change was attended by the President of the Republic of Portugal, Marcelo Rebelo de Sousa, the Prime Minister António Costa, the mayor of Lisbon Fernando Medina, and members of Humberto Delgado’s family.

Prime Minister António Costa meets protestors' representatives before his keynote Loulé speech

costainloulePortugal’s Prime Minister António Costa on Saturday inaugurated the Dunes Walk which unites Quarteira and Vilamoura, a project that he called "symbolic on several levels."

The PM said the new walkway showed the sort of effort put in to developing the Algarve’s natural resources and environment.

This Week by Len Port: Troubling times for traders

brexitLenThe ‘debate’ over next month’s referendum on whether Britain should stay in or leave the European Union heated up so much this week that it is starting to look like civil war.

It seems to be tearing apart the British Tory government and indeed the whole country. A wider worry in the event of a Brexit is the collateral damage in Portugal and other EU countries.

TV station report 'hastened Banif's demise'

baniflogo2The TV station that may well have hastened Banif’s collapse could end up in court as a report has been lodged with the Public Prosecutor which will decide if there is a case to answer.

TVi’s broadcast on December 13, 2015 resulted in a run on the bank with depositors withdrawing €1 billion in the subsequent few days.

German economy buoyant

mercedesThe German economy boasted its strongest growth in two years.

The first quarter performance exceeded predictions and was driven forward by domestic spending.

Brits jailed for insider trading

justiceA former managing director at Deutsche Bank and a former finance director at Top Shop have both been handed long prison sentences for “persistent, prolonged, deliberate, dishonest behaviour” over making deals on stock markets using classified information.

Martyn Dodgson, 44, previously with Deutsche Bank was given four-and-a-half years for his part in a scam which prosecutors said made a total of £7.4m between 2006 and 2010.

More migrants now reaching Italy

refugeeship2The spotlight is back on Italy as the number of migrant arrivals there has overtaken those in Greece for the first time in nearly a year.

According to Frontex, the EU border agency, 8,370 migrants landed in Italy compared to some 2,700 in Greece.