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Costa Vincentina Natural Park applies for UNESCO listing

beachThe west coast of the Algarve and Alentejo is now an official candidate for inclusion in UNESCO’s ‘Natural Heritage’ section.

Four municipalities in the Alentejo and the Algarve have applied due to the area’s "unparalleled natural and geological value and its recognised interest worldwide."

VRSA parking dispute close to settlement

vrsahostelA meeting of the Municipal Assembly last night was held at the Bombeiros building to accommodate over 300 Vila Real de Santo António residents concerned at proposed parking regulations that they say will stifle trade.

The council last night said it had reached an agreement with the company it has engaged to manage the new and existing paid for parking zones in the city centre and has reduced the proposed metered area by about one third.

Greece proposes last minute rescue deal

euThe Greek government today submitted a proposal to creditors that includes a new two-year aid programme which provides for a restructuring of Greek debt.

The news from Reuters cities a statement from the office of the Greek prime minister, Alexis Tsipras.

Bids are in for Novo Banco

bopcarloscostaThe Chinese group Fosun and the private equity fund Apollo both have delivered binding offers for the purchase of Novo Banco.

The Spanish bank Santander and venture fund Cerebus decided not to continue in the process.

More employment opens up in Portugal

unemployedThe unemployment situation in Portugal has eased somewhat, dropping to 13.2% in May of this year.

In May last year, the rate was running at 14.4%. From then on, the rate dropped steadily until April when it bottomed at 12.8% before bouncing up 0.4%.

International drug bust sees 28 arrested in Portugal

cocaineTwenty-eight people have been arrested in Portugal as part of an operation against an international drug trafficking network based in Spain.

In total 69 people have been arrested - 28 in Portugal, 26 in Spain and 15 in Croatia, Serbia and Montenegro. 3.5 tons of cocaine worth €9 million was seized in an operation that has smashed the gang.

Uber Inc. banned in Portugal, but Uber Portugal continues

taxifaroThe US-based taxi company said it will be appealing to today’s court decision and that Uber Portugal's services will remain active in Lisbon as Uber Portugal is not mentioned in the court process.

"We received the confirmation from the Court that the precautionary measures imposed on Uber Technologies Inc. will remain in place," read a company statement this afternoon.

Pension scams rev up

oldgitPeople over the age of 50 in the UK have become the target of fraudsters trying to steal their pension savings.

Con artists are using phone, post and email to contact pensioners with their offer of “help” to access their pension savings early. They often say they can use a legal loophole to do this or that they can provide a one-off investment opportunity.