The president of the Society of Strategic Assessment and Risk (SaeR) said today that the economic crisis was half responsible for the collapse of the Espírito Santo Group, with the remaining 50% of the blame attributable to management, the Government and the Bank of Portugal.
The 400 page tome was launched today, commissioned by none other than failed banker Ricardo Salgado (pictured on his arrest).
China's 'Fosun Group,' one of the expected bidders for Novo Banco when it is sold off by the state to recoup billions of taxpayers’ money, has hailed Portugal as “the best country in Europe to invest in.”
Liang Xinjun, CEO of China’s largest privately-owned conglomerate Fosun, commented in Shanghai over the weekend that “I’m not saying other countries aren’t good, but Portugal is the best. I say this to any Chinese who wants to invest in Europe.”
A survey, yes another one, into the holiday plans of the Portuguese this summer reveals that 52% will take a vacation from June to September with just over half of these staying somewhere other than at home.
The Institute of Planning and Tourism Development which released its survey results today, said that of the respondents who intended to take a break this summer, 53% intend to travel outside of their home area with 47% planning to stay at home.
Europol is to run a new specialist unit to monitor and shut down social media accounts used by the militant group calling itself Islamic State.
The Europe-wide police unit will aim to track the propaganda and messages that attracts new adherents from European countries.
Surveillance missions are due to start “within days” against the people traffickers in the Mediterranean.
EU foreign ministers gave unanimous approval to the first phase of the military operation against the smuggling gangs in north Africa.
Trusting people in the UK were defrauded of more than £23 million last year through one scam so simple as to be almost unbelievable.
Fraudsters call people, tell them they are from their bank and then persuade them to transfer their money into another account. That account inevitably is in the hands of the criminals.
The tax workers’ union president has hit back at plans to limit access to taxpayers’ data, saying that a recently announced plan merely is an attempt to "cover up the incompetence" of the Government.
Secretary of State for Fiscal Affairs Paulo Núncio (pictured) is accused of trying to "change the subject" of the VIP Taxpayers List, according to Paulo Ralha.
‘There is increasing supply of local rentals to satisfy the market in the Algarve’ trumpeted the misleading headlines this weekend.
The fact is that more owners of illegally rented villas and apartments have signed up for the new Alojamento Local regime so the private sector now has outstripped the number of beds available in the region’s hotels.
