The fishing boat that ran aground near Arrifana beach, Aljezur, on Monday is still there as dangerous seas prevent rescue operations.
After the Avô Melro hit the rocks earlier this week, the six men on board were air-lifted by a Naval helicopter operating in high winds and swelling seas. The men were taken to the Montijo Air Base for medical checks and later were released."
Passos Coelho has endorsed the new PSD plan to offer the business sector 35 new ideas to revitalise the economy.
Luís Montenegro, parliamentary leader of the PSD, this afternoon presented the document outlining a brave new future for Portugal under PDS control.
After the three-day conference, Passos Coelho now is on the attack with his 7-page document to which the public now have access.
Despite a relentlessly high youth unemployment rate of nearly 40%, Italy’s technology sector has not been able to fill tens of thousands of posts due to lack of skills.
About 76,000 professional posts in the industrial and service sectors went without hiring last year, mostly notably 42% of the software developers and analysts up for recruitment and 30% of the engineering places.
Early on Tuesday morning, Faro Police asked the GNR to break into a cottage in a settlement near Alcoutim where they found the body of a British man in his late 50s lying in a pool of blood caused by one or more spear wounds to his abdomen.
The PSP had stopped a car in Faro and found the driver, Eugénio Reicha, had no license, that he had ‘borrowed’ the vehicle and that he tested as criminally drunk.
The €1.1 billion recapitalisation of Banif in 2013 was “the most effective way to protect the stability of the Portuguese financial system,” according to Carlos Costa, the governor of the Bank of Portugal, with whom few agree.
The Bank of Portugal "concluded that recapitalisation of Banif with public funds which was the best way to ensure financial stability at the lowest costs for the State," said Costa during today’s often punchy hearing at the committee of inquiry into the Banif fiasco.
PT’s new owner denies that a Panamanian offshore company was used for anything other than perfectly legal activities.
The Franco-Israeli Altice Group, which bought PT Portugal and Cabovisão, used the Panama registered company between 2008 and 2014, information thrown up by Sunday’s release of the Panama Papers covering offshore tax evasion and the concealment of assets.
French winemakers nabbed five tankers of Spanish wine and emptied the contents onto the motorway on Monday.
The incident on two tankers took place a Le Boulou, close to Perpignan and less than ten kms from Spain. The remaining three vehicles were allowed to leave with just half their contents after being daubed with “vin non conforme” (non-compliant wine).
Fourteen big-hitting institutional investors have hired feared British lawyers at Clifford Chance to sue the Bank of Portugal to recover their Novo Banco investments.
Funds including Black Rock and Pimco are among 14 institutional investors which will challenge the decision made by the Bank of Portugal’s Governor, Carlos Costa, at the end of 2015 to all but wipe out the value of senior bonds by moving them back to the bombed-out shell of BES.
