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Spaniards increasingly resort to suicide

upsetwomanSpain has been gripped by a wave in the number of suicide cases with the rate having gone up by 20% since the beginning of the financial meltdown in 2008.

Suicide has become the leading cause of unnatural death in the country outstripping road accidents, drowning or falls.

Lucky draw Audi prizes swapped for State savings bonds

audia6Prizes in the weekly 'Fatura da Sorte' draw are to be changed from Audi cars to rather more mundane State savings products.

The weekly prize will have a value equivalent to the Audi A4, €35,000, and for the extraordinary draw, the prize will be €50,000 in bonds instead of smart new Audi A6.

Portugal’s supply nurses on €3 a hour, no wonder they are emigrating

nurseIn 2014, for the first time Portugal recorded a higher number of nurses leaving the country than the number that completed their training.

Successful trainee nurses that passed their final exams in 2014 numbered 2,633 but 2,850 registered nurses applied for the documentation so they could take up posts abroad.

Expat pensions slump 11%

cascaisBritish pensioners living in the EU have seen their income fall by 11% in ten years, according to expat pension managers Equiniti Group.

The latest hit is due to the uncertainty over the EU referendum in June. Since the government announced the date, the euro exchange rate has dropped by 2%.

People smuggling trial begins

airportdropoffFour people are standing trial in Austria this week on charges of smuggling people onto planes bound for the UK and the US.

It is believed the defendants smuggled 25 people this way when they were in the employ of British company G4S which had been hired to conduct additional security checks at Vienna International Airport.

Fewer hotels in the Algarve will close this winter as bookings roar ahead

vilavitaWith the flood of tourists expected this year, even in the low season, many hotel owners have said that their winter closure plans are on hold.
 
The growth in tourist number for 2016 is rising weekly as bookings roar ahead of last year’s total for summer and wintertime breaks.

British banking has the highest number of big earners

ferrariThe number of British bankers being paid more than €1 million a year soared to almost 3,000 in 2014.

This was more than three times as many as the rest of the EU combined, according to the European Banking Authority (EBA).

Head of Águas de Portugal quits

alquevaThe president of the Águas de Portugal Group has resigned by email over a disagreement with the Government over policy.
    
Afonso Lobato Faria has rejected the new Socialist Government’s plan to reverse consolidation of Portugal’s 19 water companies into 5 operating companies and to suspend plans to sell the business into private hands.