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Eurotunnel scores record despite repeated disruption

eurotunnelCross-Channel trade on Eurotunnel continued to grow during 2015, despite disruption from migrants as well as French protestors and striking workers.

Eurotunnel’s Le Shuttle Freight carried nearly 1.5 million lorries between the UK and Europe, making a record for the company.

Algarve Tourism Board to spend €6.9 million in 'The Year of the Algarve'

6252The government has approved the Algarve Tourist Board’s (RTA) budget for 2016 which will be spent on repeating various successful activities and revamping its website.

"In 2016 the RTA intends to continue to implement actions to develop and enhance the tourism potential of the region, essentially upgrading regional tourism and strengthening the promotion of tourism activities," said Desidério Silva, the RTA’s chief.

Legal action against UK buy-to-let tax changes

londonhouseDisgruntled buy-to-let landlords in the UK, caught by a surprise tax increase, are to challenge it in court.

A number of investors are banding together to oppose the tax hike by seeking a judicial review, the legal process by which a court reviews legislation of administrative decisions.

Paris to Faro route boosted

eiffeltowerThe thousands of tax-shy French moving to the Algarve now have more choice and can opt to fly directly to Faro from Paris on an air service run by Aigle Azur.

The route is not a new one for this airline, Aigle Azur started flights from Paris to Faro in 2008, but it now operates all-year-round due to the rise in demand from French tourists visiting the sun, and those in Portugal who are romantically inclined using the Thursday to Sunday option for a romantic lomg weekend in Paris.

Police ban Italy’s cocaine brew

cocaineteaCocaine tea has been ordered off the shelves in Italy.

The coca tea from Peru has been available for sale for years but after analysis showed that it had significant levels of cocaine, Italian police said it had to be removed.

Algarve's hotel association chief may never be satisfied

elidericoviegas"Without access to credit and with seasonality, tourism has to reduce costs" according to the view of Elidérico Viegas, the president of the Association of Algarve Tourism Hotels (AHETA).

Viegas says that the tax burden on his members is too high and it affects the sector's competitiveness:

"Without access to credit and with seasonality, tourism is forced to reduce costs"

Police called to Faro Hospital A&E to 'calm things down'

pspA desperate father, whose son was left to writhe in agony on the waiting room floor of Faro hospital, was confronted by security guards and police - so decided to ‘go private.’

Mario Castro was distressed that his son was in pain and vomiting blood while he sat waiting for a doctor to see the boy from midnight on Christmas day.

Family of Banif founder loses €45 million

baniflogo2Banif’s directors have lost money on their shares and have had their accounts frozen in the collapsed lender.

The board members now will have to prove that the bank’s destruction was not their fault before they can access their accounts.