The European Commission was not prepared for the request for financial assistance from Portugal and other countries during the 2008 financial crisis because warning signs had passed unnoticed, according to a new report from the European Court of Auditors.
The auditors found that the Commission did succeed in managing assistance programmes which brought about reform, despite its lack of experience, and they point to a number of positive outcomes, but they also identify several areas of concern relating to the Commission’s “generally weak” handling of the crisis: countries treated differently, limited quality control, weak monitoring of implementation and shortcomings in documentation.
British buyers remain the largest group of foreigners who buy property in France, but overall figures show that sales to all foreigners have plummeted over the course of the last decade.
Portugal's Justice Directorate has released figures that show the number of court cases for debt collection have declined since a 2013 scheme came into force that allowed many cases to be archived by the State if the accused has no registered assets.
Serafim Martins, arrested last May on suspicion of fraud and laundering the proceeds of sales at his textile shop chain, has been in custody ever since but at last has a chance to argue his case in court.
A major earthquake measuring 6.1 hit the Mediterranean between Spain and Morocco early on Monday morning and just one day after a 3.9 quake hit the Algarve.
In contrast to the political mishmash created by the recent general election, Sunday’s presidential poll shooed in a clear winner who promises to be a force for stability.
Three people have been badly injured in a head-on collision involving two cars on Saturday morning near Zoomarine, Guia, on the EN125.









