Panama Papers - three public institutions in Portugal have used offshore tax havens

cp2Information contained in formerly secret files have revealed that Portugal's IGCP - the treasury agency for managing public debt - the national railways company Comboios de Portugal and the Social Security department between them have chanelled more than €130 million of public money through Jersey and Jordan.

The IGCP held €130 million in CP bonds issued from a financial vehicle based in the tax haven of Jersey.

TAP share deal brings airline back under State control

tap2All is set for the government to sign the final deal with Gateway’s management over who owns how much at the former State airline, TAP.

In brief, the government will take control of 50% of the airline by paying €1.9 million for 11% of the carrier’s stock held by Gateway which currently has 61% after the airline was sold off in a hurry by the Passos Coelho government last year amid howls of ‘foul play’ by the socialists.

Algarve police on the alert for possible terrorist threats

airplaneThe District Commander of the Polícia de Segurança Pública (PSP) Faro, Ricardo Abreu Matos, said today that there is no known immediate threat affecting the Algarve but analysis is ongoing and his team is on the lookout.

Faro airport is the main security concern with seven million passengers a year so police at the airport, other security staff, transport and car rental teams have all been briefed on issues surrounding terrorism.

India swelters under its highest recorded temperature

droughtA temperature of a sweltering 51C (123.8F) was recorded on Thursday in the northwest of India

Residents of Phalodi, in the desert state of Rajasthan, tried to endure the heat snap, the highest India has ever recorded. The previous record was 50.6C in 1956.

Sweeping changes under Brazil’s new government

brazilTEMERBrazil’s new broom has wasted little time limiting the country’s social policies.

Michel Temer (pictured) was appointed interim president after the vote to impeach Dilma Rousseff was passed. After only one week in power, his centre-right government is moving to erase the policies of the Workers’ Party implemented over the last 13 years in office.

Portugal confirms its Euro 2016 squad

ronaldoPortugal has confirmed its 23-man squad for the friendlies and the European Championships this summer with Fernando Santos leading the national team.

Portugal won seven out of of eight qualifying group matches to reach the championchips and finished at the top of Group I ahead of Serbia Denmark and Albania.

'Votes for Brits' campaign goes to Supreme Court

8572Leigh Day, the lawyers for two British citizens banned from voting in the EU referendum - as they have lived outside the UK, but within the EU, for over 15 years - will take their fight to the Supreme Court next Tuesday (24 May 2016) after the Court of Appeal upheld a High Court ruling rejecting their legal challenge to the ’15 year rule’.
 
Last month the High Court rejected a legal challenge by 94-year-old Harry Shindler, a WWII veteran who lives in Italy, and lawyer and Belgian resident Jacquelyn MacLennan against the UK Government’s decision to exclude Britons from voting if they have lived in the EU, but outside the UK, for more than 15 years.

Douro steam train service back on track

duorosteamtrainA renovated steam train starts full service on June 4th, taking passengers along the Douro riverside.

The historic Douro train programme started in the late 90s with steam locomotive 0186, built in 1925 by Henschel & Son, pulling five beautiful wooden carriages.