Portugal’s Minister of Finance Mário Centeno is in negotiations with the European Commission to fiddle the figures.
Centeno is looking for a ‘more favorable accounting treatment’ for Portugal’s national accounts as he wants to send Caixa Geral de Depósitos a taxpayers’ cheque for €4 billion but does not want this to appear in the figures.
The Passos Coelho government commissioned a report into the effects of reducing the price of tolls on formerly free SCUT roads, such as the Algarve’s Via do Infante.
Infraestruturas de Portugal now has released the findings which conclude that a drop in toll prices on certain roads will create an overall increase in toll revenue.
An offshore wind energy project, with Portugal's EDP the lead partner, has been completed in a successful five year ‘live conditions’ test at sea.
The WindFloat structure, sited offshore near Povoa do Varzim, now will be towed back to port and a second wind energy structure will be substituted for further testing.
An easyJet flight destined for Faro has to divert to Manchester not long after take-off.
The captain reported "technical problems with the hydraulic system" soon after leaving Liverpool at 09:35 this morning.
Sociedade Funefaro Gestão de Crematórios Lda won a tender in 2011 to build a crematorium in Faro but has failed even to start work on the planned facility.
The agreement therefore has lapsed and the Council is entitled to receive compensation of €309,000 while it goes back to square one to see if there is a company that really does want to build a crematorium to serve the expatriate market.
British expats in Spain could forfeit their rights to live and work there if the referendum vote favours leaving the EU, Spain’s acting prime minister has warned.
Mariano Rajoy noted that forgoing free movement rights would be “negative for everyone”.
The Turkish ambassador in Berlin has been recalled following a vote in the German parliament. Ankara also summoned Germany’s charge d’affaires to its foreign ministry.
The overwhelming majority of German MPs believed it was correct to describe the massacre of Armenians by Ottoman forces a “genocide”.
The Secretary of State for Infrastructure assured the Algarve that the road-works on the EN125 will be suspended, but not until the end of June - when the tourist season will be pretty much in full swing.
The guarantee was given on Wednesday by Guilherme d'Oliveira Martins in Faro at the opening of a long awaited roundabout and link to the north of Faro that allows access to the EN2.
