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Macdonald Monchique Resort & Spa to open this month after refit

EIC 02 May 2016

longevityThe old Monchique Longevity Wellness Resort is scheduled to reopen this month after a €5 million refit, claims the new operator, Macdonald Hotels & Resorts.

The original resort, built on a bend in the road below Caldas, closed in 2014 and is said to have been taken over by ‘a consortium’ with the Scottish hotel and leisure group managing the new business.

Read more …

Portugal's telecoms prices just keep on rising

EIC 02 May 2016

mobmastPortugal’s well padded telecoms companies have responded to reports of ever increasing prices by claiming that consumers now get more for their money.

Telecommunications prices in Portugal have risen more than all the EU countries surveyed, data from Ireland, Denmark and Sweden was not available, according to the latest Anacom survey which shows the trend has been a constant over the last five years.

Read more …

Job prospects lure foreigners to Britain

02 May 2016

croppickersThe number of Spaniards moving to the UK has soared over the last four years by 117% taking the number from 63,000 to 137,000.

During the period, the number of Portuguese trying their luck in the UK jumped from 96,000 to 140,000, according to Migration Observatory.

Read more …

Right-wing German party agrees anti-Islam programme

02 May 2016

alternativeforDeutschelandGermany’s far-right party, Alternative für Deutschland(AfD), has adopted an anti-Islam manifesto at its conference over the weekend.

Delegates backed an election manifesto which states that Islam is not compatible with Germany’s constitution.

Read more …

US economist publishes dire report on Portugal's 'terrible economic situation'

EIC 02 May 2016

paulKrugmanNobel prizewinning economist Paul Krugman has penned a somewhat pessimistic article on the European economy and the situation that Portugal finds itself in.

"Things are terrible here in Portugal, but not as terrible as they were a couple of years ago. The same thing can be said about the European economy as a whole. And that is, I think, good news."

Read more …

MillenniumBPC wants to bid for Novo Banco - if it is allowed to

EIC 02 May 2016

millenniumThe President of the MillenniumBCP confirmed today that the bank wants to buy Novo Banco.

Nuno Amado said that this would only be possible if he can get authorisation from the European Commission due to rules over State aid.

Read more …

Italian thieves stoop to stealing whole vines

02 May 2016

vinesProducers of Italy’s much loved “frizzante” (fizzy) wine have been hit by a string of thefts of newly-planted vines from the hills of Veneto and Friuli-Venezia-Giulia, the two regions where the popular sparkling wine is produced.

The booming prosecco industry, worth more than €1.7 billion a year, saw production rise to 355 million bottles last year, a considerable leap from the 306 million in 2014.

Read more …

Portuguese campaigners urge Elton John to boycott music festival

EIC 02 May 2016

EltonJohnThe Marés Vivas music festival, which takes place every July, has been moved for the first time to an area just 100 metres from the Douro River Estuary nature reserve.  This 150-acre areaq is protected by law and is home to around 220 species of birds, including eagles, kingfishers and cormorants, and a top European most site for bird-watching.

Local campaigners have written to headline act Elton John, who will be performing with other British singers including James Bay and Tom Odell, asking him to take a stand against “environmental damage”. 

Read more …
  1. Salgado paid €8 million to PT director Zeinal Bava
  2. Ponzi scheme banker arrested in Lisbon
  3. Chinese cops to patrol in Italy
  4. Eurozone economic growth exceeds expectation
  5. High tension at Boliqueime tolls demonstration
  6. Germany compiles evidence of war crimes
  7. Algarve leads Blue Flag beach awards
  8. Justice Minister announces new on-line auction for seized goods and properties

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