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Tavira council pays off government loan five years early

tavira2Tavira council has managed to pay off in full the money it borrowed from the government to reconfigure its finances in 2013.

Well before the deadline, Tavira council has cleared its debt to the Programme of Support to the Local Economy (PAEL) by transferring €1,165,078.

Portuguese-Spanish drug operation seizes €4 million hashish shipment

hashThe Coastal Monitoring Unit of the GNR has announced the seizure of 1.5 tonnes of hashish onboard a boat that was tracked by the Portuguese and boarded by the Spanish authorities as part of a joint operation on the border between the Algarve and Andalucía.

The successful operation took place this morning with the Huelva Maritime Service and the Guadia Civil from Isla Cristina.

Finland’s economic slump worst in euro area

eumapThe worst performing economy in the eurozone was Finland.

The economy contracted by 0.6% in the third quarter, a greater level than that in Greece.

TAP to go head-to-head with Ryanair and easyJet

airplane2Airline mogul David Neeleman addressed TAP staff today with a rallying cry to take on European ‘low-cost’ airlines with lower prices, better aircraft and higher frequencies on key routes.

As the ink dries on last night’s signing over of 61% of TAP’s shares to Gateway, the minority shareholder in the company said today that the low-cost companies are the biggest challenge and revealed his plan to have low rates to attract cost-conscious customers.

Amazon adds a grocery string to its bow

amazonAmazon has expanded its reach by launching a grocery delivery service in the UK.

Its Amazon Pantry aspires to undercut the major retailers in the run-up to the Christmas holidays as well as cutting into the habit of a weekly shop, a pattern which is already on the wane.

T.B. or not T.B - that is the question at Portimão Hospital

stethascopeThe management of the Algarve Hospitals Group denies there has been a tuberculosis outbreak at Portimão Hospital and that recent reports are just scaremongering.

The head of the National Council of Nursing suggested earlier this week that 10% of nurses working in the emergency department in Portimão Hospital had contracted TB.

Paris is world’s most popular for Airbnb

eiffeltowerAfter the US, France is the second most popular country destination for Airbnb users.

Its capital, Paris, is the city most visited of any in the world for Airbnb bookings.

Has Mog just won Christmas for Sainsbury's?

MogIt's certainly possible, with a fun, heartwarming Christmas ad that will appeal to both the young and the old.

This year's commercial is certainly a bold departure from last year's sombre tone. Once again, tying its campaign to a good cause (on this occasion, Save the Children, which is hoping to improve child literacy across the UK under its Read On, Get On initiative), like many brands this year, Sainsbury's has decided to take a much more light-hearted approach to its festive message.