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Three ministers at launch of new paperwork trial

EIC 31 March 2016

shipyardSines port authority is testing a new simplified invoice system amid much congratulation, enthusiasm and hope that something called a FUP can save 600,000 pieces of paper a year.

FUP is a ‘Fatura Única Portuária’ which has been introduced by the Minister of the Sea Ana Paula Vitorino as part of the Maritime Simplex Programme.

Read more …

Disasters cost €81 billion in 2015

31 March 2016

hurricaneDisasters, both natural and man-made, cost $92 billion (€81 billion) for Swiss Re, the global reinsurance provider.

While costly enough, the year marked a fall in the 2014 bill of $113 billion.

Read more …

Left Bloc calls for excise duty cuts for medronho producers

EIC 31 March 2016

medronhoPortugal's Left Bloc led by Catarina Martins has recommended to the Socialist government that it introduces measures to help growers of the 'strawberry tree' whose fruit is used to produce the Algarve’s iconic tipple, medronho.

Left Bloc enthusiasts’ draft resolution recommends that the government approves ‘financial mechanisms and technical resources.’

Read more …

Spaniards increasingly resort to suicide

31 March 2016

upsetwomanSpain has been gripped by a wave in the number of suicide cases with the rate having gone up by 20% since the beginning of the financial meltdown in 2008.

Suicide has become the leading cause of unnatural death in the country outstripping road accidents, drowning or falls.

Read more …

Lucky draw Audi prizes swapped for State savings bonds

EIC 31 March 2016

audia6Prizes in the weekly 'Fatura da Sorte' draw are to be changed from Audi cars to rather more mundane State savings products.

The weekly prize will have a value equivalent to the Audi A4, €35,000, and for the extraordinary draw, the prize will be €50,000 in bonds instead of smart new Audi A6.

Read more …

Portugal’s supply nurses on €3 a hour, no wonder they are emigrating

EIC 30 March 2016

nurseIn 2014, for the first time Portugal recorded a higher number of nurses leaving the country than the number that completed their training.

Successful trainee nurses that passed their final exams in 2014 numbered 2,633 but 2,850 registered nurses applied for the documentation so they could take up posts abroad.

Read more …

Expat pensions slump 11%

30 March 2016

cascaisBritish pensioners living in the EU have seen their income fall by 11% in ten years, according to expat pension managers Equiniti Group.

The latest hit is due to the uncertainty over the EU referendum in June. Since the government announced the date, the euro exchange rate has dropped by 2%.

Read more …

People smuggling trial begins

30 March 2016

airportdropoffFour people are standing trial in Austria this week on charges of smuggling people onto planes bound for the UK and the US.

It is believed the defendants smuggled 25 people this way when they were in the employ of British company G4S which had been hired to conduct additional security checks at Vienna International Airport.

Read more …
  1. Fewer hotels in the Algarve will close this winter as bookings roar ahead
  2. British banking has the highest number of big earners
  3. Head of Águas de Portugal quits
  4. Do you remember this man?
  5. Water supply reorganisation leads to inefficiency and more over-charging
  6. Trial abandoned over Apple encryption
  7. Irn-Bru could escape new sugar tax
  8. Algarve-PDS conference pushes for 'regional self-government'

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