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Spain begins to roar ahead

barcelonaSpain has put itself in the economic spotlight after a rapid spurt of growth.

GDP rose by 0.9% in the first three months of the year, the fastest pace since the before the global financial meltdown in 2007.

TAP strike damages tourism and reputations

tap2Adolfo Mesquita Nunes, the Secretary of State for Tourism, has slammed the TAP pilots strike as being bad for business and bad for a re-emerging tourism economy.

Claiming that visitors to Portugal spend a total of €1 million every hour, Nunes said that many of them arrive on TAP flights and, with the service reduced to minimum from May 1st to 10th, harm will be done to the tourism industry and the image of Portugal.  

Slight respite in employment levels

FACTORYmERCThe unemployment rate in Portugal was reported to be 13.5% as of March 2015.

This represents a decline in the jobless level from a year earlier when it stood at 14.7%.

More Brits invest in prepaid money cards

4775Prepaid money cards are proving very popular among people in Britain planning on a foreign holiday later in the year.

The current favourable exchange rate has encouraged many to gamble that the best exchange rate can be secured now.

Guia death crash

guiacrashAs the traffic numbers on the Algarve EN125 start to increase, two more serious accidents happened this morning, the first leaving one dead and at least eight injured, including a Nepalese and two Canadian tourists.

The bus that crashed near the Guia roundabout just before noon left a building in ruins and traffic at a standstill for hours as the emergency services attended to the injured, two of whom are said by the GNR command to be in a 'serious condition.'

Faro airport workers strike on the cards

faroairport1965The row at Faro airport increased in volume as the union SITAVA today criticised the 'arbitrary sacking' of 12 workers.

The dismissal of the workers is a strategy designed to deny the workers their employment rights, claims their union, and a strike now is on the cards.

Portugal - online gambling legal as from June 28th

footballAdolfo Mesquita Nunes, Secretary of State for Tourism, held a press conference today to announce the new online gambling  legislation which for the first time in Portugal's history allows its residents to have a flutter using their computers.
 
"This regime is a liberal one as it allows the distribution of licenses without limit, there is no exclusivity."

French village recruits residents with €1 offer

franceholidayLand in a French village has been offered for sale at €1 per square metre.

The mayor of Champ-du-Boult in the Calvados department of Normandy is trying to push up the population by selling residential plots at the give-away price.