Faro Airport already has catered for a 3% upturn in passengers this year, is set to handle a predicted winter increase of 11% in the last quarter of the year.
French owned airports operator ANA claims "renewed commitment" from airlines to mitigate seasonality in the Algarve.
Justice Minister Paula Teixeira da Cruz said today that provisional figures point to an “across-the-board 6% reduction of backlogs in Portugal’s courts, over 2014."
Teixeira da Cruz, said that Portugal had undergone an exhaustive list of structural reforms initiated by the Government, especially those covering the reorganisation of the courts.
Disgraced TV Top Gear presenter Jeremy Clarkson has published a picture that confirms that the mystery location for the filming of his new venture is the International Autodrome, Portimão.
A picture published social media shows Clarkson posing alongside Richard Hammond and James May with their team, two trucks and three high performance sports cars.
House prices went up by 1.1% in the eurozone and by 2.3% in the EU in the months of April to June this year compared to the same period last year.
Compared to the first quarter of 2015, the eurozone prices increased by 1.2% and the wider EU by 1.3%, according to data provided by Eurostat.
Deutsche Bank’s shock announcement that it forecasts a loss of €6.2 billion has sent shivers in the financial world, no less among shareholders who might not receive a dividend this year.
The bank warned of the net loss, saying it would record a charge of €5.8bn in impairments, "largely driven by the impact of expected highly regulatory capital requirements... as well as current expectations regarding the disposal of Postbank".
Santander Bank has lost its request to hush up its €1 million fine.
The eurozone’s biggest bank was handed the fine last June for breaching a “law for the prevention of money laundering and financing of terrorism”.
"There was a complete and incomprehensible lack of professionalism", according to the lawyers acting for Pharol, previously named Portugal Telecom.
The Lisbon Commercial Court was treated to a range of accusations made against against the former directors of Portugal Telecom SGPS, Henrique Granadeiro (pictured) and Morais Pires who was the Banco Espírito Santo board nominee, and Luís Pacheco de Melo the former PT finance director.
The Algarve’s 6th Birdwatching Festival held in and around Sagres has been declared a resounding success as the organisers welcomed over 1,000 participants from 20 countries.
The main business of the four day event was the number of bird species spotted, with 150 different observed during the early October event which outshone last year’s with Vila do Bispo council, the Portuguese Society for the Study of Birds and eco-organisation Almargem, all delighted at the outcome.
