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Illegal gambling den busted in Parchal

EIC 04 March 2016

pokerPolice from Silves have busted an illegal gambling den in Parchal, Lagoa.

The manager of the enterprise, 34, was arrested and searches also were carried out at another site and in a vehicle.

Read more …

More women running Portugal’s top companies

EIC 04 March 2016

unhappyworkerA new D&B study concludes that there are more women in top roles in Portugal’s companies. This is a positive trend, albeit a slow one.

Although men dominate the top jobs, the study found that women led 28.5% of Portugal’s companies at the end of last year.

Read more …

Flight to safe haven pushes up gold

04 March 2016

goldGold has returned to the headlines as jittery investors turning to it have upped the price.

On Friday it rose to $1,273 an ounce on Friday, up from $1,053 as recently as December, an increase of 21%.

Read more …

Another threatened lynx found dead in the Mértola area

EIC 04 March 2016

lynx2Myrtilis, the Iberian lynx released into the wilds of the Alentejo in January this year, has been found dead.

Staff at the Institute for the Conservation of Nature and Forests confirmed the loss today, stating that  Myrtilis "was found dead by the field team in an area near the release site in the normal course of monitoring thoe animals introduced to the wild in the Mértola region."

Read more …

Former Finance Minister 'two jobs Albuquerque' gets job at debt collectors

EIC 04 March 2016

albuquerque3Portugal’s former Finance Minister under the latter part of the Pedro Passos Coelho coalition administration has accepted a job while still serving as an MP.

Maria Luís Albuquerque was has been appointed as a non- executive director of a British debt management company deeply involved in the Banif fiasco.

Read more …

Police gain almost €1 million from 'disrespect'

04 March 2016

spanishflagSpanish police have raised nearly €1 million from fines imposed on thousands of people who did not respect the police.

The country introduced a public security laws last year which limited freedom of speech and the right to peaceful protest. The controversial act, dubbed the “gag law”, allows for fines ranging between €100 and €600,000.

Read more …

Alpine nation seeks most invention patents

04 March 2016

fibreopticSwitzerland has topped the league for innovation as it made more European patent applications per capita than any other country in 2015.

Switzerland applied for 873 patents per million inhabitants in 2015, a 2.6% rise over 2014, according to the European Patents Office (EPO).

Read more …

Vila Real de Santo António council plans mega-resort at Monte Gordo

EIC 03 March 2016

vrsa2The president of the Algarve Tourism Board, Desidério Silva, said today in Lisbon that tour operators have to work throughout the year to combat seasonality, referring to the need to strengthen the supply of tourists between October and May.

"We want a sustainable region for six months; we want a sustainable region throughout the year," said Desidério Silva, explaining that he is working with the government to "find a solution that minimises the impact of seasonality."

Read more …
  1. 'Golden Visa' backlog starts to be cleared
  2. Italy conquers its wine challenge
  3. Portugal’s regulators decide mis-selling of financial products is a bad thing
  4. Retailers in Portugal welcome healthier sales
  5. EDP profits tumble due to poor home market performance
  6. New stores open in Olhão and Portimão
  7. Government to 'name and shame' Social Security debtors
  8. No confidence in Spanish Socialists to govern

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