Italian Prime Minister Matteo Renzi has underscored the discord between his government and the Brussels behemoth by comparing the EU to the orchestra on the Titanic.
Renzi has been at odds with EU officials on several issues, including budget rules under the Stability Pact. He has argued for some slack to revive his country’s economy by cutting taxes and spending to encourage growth.
Finland is in urgent discussions with Portuguese officials to change the countries' bilateral tax treaty, or it will be torn up.
Finland’s Finance Minister Alexander Stubb is aiming to end a scheme that allows Finnish retirees living in Portugal to avoid paying income tax.
A Portuguese con artist who duped a Dutch shipping company out of €100 million has been sentenced in London to 14 years in prison.
Luis Nobre posed as a millionaire London trader, managed to persuade the Dutch company Allseas SA, which was seeing to raise capital to build a ship, to transfer €100 million into his direct control.
Yet another limp announcement that Albufeira traders ‘will receive compensation soon’ has seeped into the media, not from the government this time, but from a couple of local Socialist Party MPs.
The MPs said that the Government will release "within days" lines of credit and the terms and conditions of eligibility for those affected by the flooding last November 1st when the downtown area ended up 1.8 metres underwater.
Travel giant Tui reports that holiday bookings for Tunisia have dropped so much that it has cancelled its programme.
It has stopped flying to Tunisia and Sharm el-Sheikh in Egypt because of security concerns.
Infraestucturas de Portugal says it did not authorise the destruction of Fonte de Boliqueime’s iconic well which has been removed to make way for yet another new roundabout on the Algarve’s EN125.
The company has received a stiff letter from Loulé’s mayor, Vitor Aleixo, in which he accuses the company of an "affront to public memory."
António Costa and his 17 ministers have delivered their 2015 income statements to the Constitutional Court, with the exception of the Agriculture Minister, Capoulas Santos, whose submission is late.
In 2015, António Costa earned €63,457 from employment and €91,875 from self-employment, a total of €155,332.
The Health Minister Adalberto Fernandes, a medical Doctor, declared a salaried income of €167,000 and consultancy income of over €13,000.
Portugal’s Arbitration Court has ordered the National Civil Protection Authority to pay Heliportugal more than €2.7 million for the maintenance and operation costs of Portugal's fire-fighting helicopters.
There were two separate decisions but both amounted to the same thing, the Civil Protection Authority has not been making contracted payments.
