Monterosa olive oil, produced in Moncarapacho, Olhão by Viveiros Monterosa Lda, has won four gold medals at the ‘New York International Olive Oil Competition 2015.’
The Algarve olive oil competed with 634 oils from 25 countries in what is considered the most prestigious international competition worldwide.
Portway, owned by Portugal’s airports operator ANA, has ‘let go’ 12 workers at Faro airport to the consternation of their union and at a time when any threat of industrial action could compound the damage of the pending TAP strike.
Portway, the ground handling company of ANA, dismissed the 12 Faro workers who were employed to operate the telescopic bridges that connect to aircraft to let passenger on and off.
The anti-tolls organisation CUVI met over the weekend to review three years of tolls on the Algarve’s Via do Infante motorway and to reflect on the death toll on the EN125, aptly named the ‘road of death.’
With horrible coincidence, another motorist was killed on Sunday near Algarve Shopping in Guia in a three car smash leaving treasured Algarve guitarist Miguel Drago dead at the scene.
The world’s most influential passport is that of Sweden, with the UK passport as powerful.
The Swedish passport allows the bearer to enter the most number of countries without having to apply for a visa.
Only now have questions have been raised as to the ethical acceptability of the proposed new Governor of the Bank of Portugal holding shares in many of Portugal’s banks.
The conundrum that surrounds António Varela, a director of the Bank of Portugal since 2014 as appointed by the Ministry of Finance, is whether he is fit to be a board member, or the new Governor, despite his obvious finanical qualifications.
The overwhelming majority of finance workers in the UK would vote for the country to stay in the EU despite 42% of them fearing that Brussels is ‘hostile’ to the financial sector.
A new survey has found 73% of participants they would either “definitely” or “probably” vote for Britain to remain in the EU.
Nigel Jackson has admitted burying his wife under a path at their Algarve villa and to moving his girlfriend in just weeks later.
Jackson, 59, was arrested on suspicion of killing Brenda Davidson after her badly decomposed body was recovered by police from a makeshift grave at the back of their Algarve property in Alcalar, Portimão.
A special audit of Montepio bank will be completed this week with the expectation that the results will at last show up the ‘irregularities’ that are widely known to exist.
Last year, the Bank of Portugal finally commissioned a special audit of Montepio and the BoP governor, Carlos Costa, has demanded fundamental changes including a new and independent board to run Montepio after the discovery of uncovered loans and an unhealthy inter-dependence with the Associação Mutualista, also run by Montepio boss, Tomás Correia.
