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Spain faces hung parliament

madridAs Britain awaits news of the voters’ choices in the most uncertain vote in a generation, Spain is closely watching the opinion polls for its most questionable election in some 40 years.

The governing People’s Party (PP) so far could garner the most votes, despite the scandals unraveling around it, according to the latest survey. The socialists could pose a close second.

Paris turns Seine-hugging highway into gardens

eiffeltowerParis is to rip out a major highway along the right bank of the Seine and create waterside gardens and walkways in its place.

The new pedestrian zone will extend from the Bastille to the Eiffel Tower.

Tension festers 70 years after VE Day

europemapOn the eve of VE Day, the 70th anniversary of the formal end of World War II between the Allies and Nazi Germany on 8th May, Europe once again finds itself in a perilous situation.

Officially a neutral non-participant in World War II,  Portugal became a founding member of the North Atlantic Treaty Organisation (NATO) four years after the war ended. It remains a valued partner.

BPP defendants have assets seized as a 'precautionary measure'

bppA Lisbon court has demanded the seizure of investments and property owned by João Rendeiro to the value of €4.7 million, after the former president of the Banco Privado Português (BPP), Paulo Guichard and Salvador Fezas Vital all failed to deposit a surety of nearly €7 million.

The money is to ensure the payment of compensation to investors who are claiming damages caused by the action of the three former bank executives who are being tried for various crimes, including fraud and falsification of documents.

Novo Banco threatens swindled BES depositors with legal action

novobancoNovo Banco has reiterated that it will not be paying a cent to those BES customers who bought commercial paper in Espírito Santo Group companies even though these were sold in BES branches on the recommendation of branch staff.

The bank led by Eduardo Stock da Cunha says it "is not independent" and has to comply with the terms of the BES resolution imposed by the regulator, the Bank of Portugal.

Man’s violence displaces 38 million people

refugueesWe hear stories every day of refugees trying to enter Europe, but now a new report reveals the scale of the problem of people fleeing violence and murder in their own countries.

The number of people displaced within their own countries was the worst in a generation last year, but there is little sign of governments taking action to deal with the problem, according to the Norwegian Refugee Council.

Low-cost airlines bookings boom as TAP strike bites

easyjetThe low cost airline sector serving Portugal is quietly printing money as TAP customers are forced to change carrier due to the current strike.

In the first four days of the pilots strike, the government has suggested a tentative figure of €10 million lost but industry insiders expect the knock-on affects to hike the losses to at least double this figure.

Strife erupts in Angola

angolaMembers of a Christian sect in Angola appear to have been targeted by government forces and the police.

“The Light of the World” sect is led by Jose Kalupeteka, a popular and anti-authority preacher who believes the end of the world will happen on 31 December.