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EC may fine Portugal and Spain for poor budget performances

europeanparliamentThe European Commission has plans to penalise both Spain and Portugal for missing their respective budget deficit reduction targets. As it is hardly helpful to start issuing fines, the idea is to give each government more time to get to grips with their budgets.

The all-powerful Commissioners plan to impose sanctions and immediately suspend them, just to make a point.

Migrant numbers in Germany subside

refugeesThe number of North Africans reaching Germany has plummeted since January, according to government figures.

New arrivals from Morocco, Tunisia and Algeria were but 480 in March, compared to 3,356 in January.

Carnation Captains back on parade for April 25th

carnation1974The heroically named Captains of the Carnation Revolution this year returned to Portugal's parliament building for the April 25th remembrance event.

For four years in a row the surviving military personnel who were instrumental in the peaceful uprising against Salazarism have boycotted the April 25th events in protest against the policies of the previous Passos Coelho coalition government and its rigid adherence to a raft of austerity policies.

Scramble to beat UK stamp duty ignites property market

cottageProperty sales soared ahead in Britain as investors rushed to beat the rise in stamp duty.

Transactions surged in March before the extra 3% stamp duty on additional property was imposed on 1 April.

Cocaine found in shampoo bottles at Faro airport - two Britons arrested

cocaineA couple who arrived at Faro airport from East Midland airport in the United Kingdom were promptly arrested after a tip-off from UK police proved accurate.

The couple, a 32-year old man and 29-year-old woman were travelling in a family group which included a pensioner and an infant, to avert suspicion but Portuguese SEF officers found the Brits were transporting cocaine in ten adapted shampoo bottles.

Spy planes used to raise tax revenue

spainarielshotSpanish spies have taken to the skies in an effort to identify tax charlatans in the Balearic Islands.

The Spanish treasury announced that it has deployed light aircraft to fly over the islands to take aerial photographs of property.

BHS goes under - as planned

bhsOne of the UK’s iconic retailers finally has called in the receivers with 11,000 workers at BHS now facing a bleak future.

The chain, formerly part of Sir Philip Green’s Arcadia Group, was sold to Retail Acquisitions for £1 last year in a move that has enabled Green to avoid a BHS pension deficit of €571 million.

SOS Ria Formosa protests as continuing demolitions are judged as legal

ria formosa2SOS Ria Formosa today created a human chain on Farol island to highlight the continuing struggle against the State’s demolition of their houses.
 
The islanders formed the letters SOS as a symbolic form of protest against the demolitions which the High Court last week declared can go ahead - according to the State owned company Polis which is in charge of demolitions. The injunction lodged by Olhão council is based on preserving the habitat of the rare island chameleon but it is by no means certain that the high court has ruled definitively in this complex case.