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Faro airport drop-off charges

airportdropoffDrivers dropping off passengers at Faro airport will be allowed ten minutes, or face stiff charges.

ANA wants to control car access at the departures drop off point at Faro and other of its managed airports and already has installed machines to read number plates and record time elapsed.

Search continues for toddler missing in Greece

kosMissing toddler Ben Needham will be back in the spotlight as his mother is poised to make a direct TV appeal in Greece.

Kerry Grist (formerly Needham) has travelled to Greece in the company of UK police officers.

BPP - Rendeiro hid millions offshore using his wife as cover

bppIn February 2013, João Rendeiro, Fezas Vital and Paulo Guichard, former board members of Banco Privado Português (BPP) were charged with fraud over a crooked investment scheme that damaged hundreds of clients the tune of €41 million.

The banking regulator later imposed €11 million in fines, stating that, ‘The Bank of Portugal has completed the sanctions and condemn those responsible for acts committed at BPP.”

Brussels to scrutinise UK finances

londonBritain remains under monitoring by the EU for having failed to take sufficient “effective action” to reduce its deficit.

Britain was cautioned and will stay under scrutiny from Brussels for the coming two years during which time it is expected to get its fiscal targets on track.

TAP bids must be in today

airplaneThe last full day of speculation as to who, if anyone, will put in a bid for 66% of the shares in state airline TAP has seen Barraqueiro join David Neeleman’s Azul in a new partnership.

The Friday deadline has media pondering the names brave enough to go the course and Barraqueiro Transportes SA, owner of Frota Azul coaches and other transport businesses in Portugal, is a late entrant with maybe too little time to have gone through the figures in sufficient detail.  

German investors go for gold

goldEuropeans are getting jittery about the threat of a Greek exit from the single currency, and the fear has driven Germans to invest in gold bars and coins.

World Gold Council data shows that Germans increased purchases of gold coins and bars of bullion by 20% to 32.2 tonnes in the first three months of 2015, the fastest rate in a year.

Faro airport workers were sacked 'to prevent them going on strike'

ryanairThe Faro airport workers who were sacked unceremoniously from their jobs operating air bridges, are taking their former employer to court.

The 12 workers say they were informed of their dismissal on April 20th by Portway and had to leave on the same day, an attitude by management that they claim is "atrocious" and which they consider illegal.

Space gets tighter onboard easyJet

easyjetEasyJet is determined to give its passengers a tighter squeeze by jamming six more seats into its aircraft.

Currently the Airbus A320s which easyJet has provides space for 180 passengers.