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Communists call for state intervention at VRSA printers

vrsa2Portugal's communist party has decided that the government should intervene to keep Litográfica do Sul going, even though it is insolvent and unable to find a buyer.

The management of the Vila Real de Santo António printing company announced that it is applying to the court for insolvency protection to safeguard jobs which are ‘important for families and for the local economy.’

Lagoa council refurb programme - only local firms may apply

construction2Lagoa council has announced a €600,000 tidy up and is to employ only local building companies.

In danger of contravening a raft of fair competition rules, the council states that its two step process for the rehabilitation of its public spaces will be restricted to local architects and then local builders only may apply.

Doggy bags strike at the heart of French gastronomy

foodfrenchThe French are recognising the need to reduce food wastage, opening up the possibility that ‘doggy bags’ will be offered in restaurants.

Wasted food costs the average French household €400 every year and the country up to €20 billion, said a report this week.

The Stranglers on stage at the International Faro Bike Festival

stranglersThe Stranglers are to top the bill at this year’s International Bike Festival in Faro.

The dates have been announced and between 16 and 19 July thousands of bikers will arrive for fun, music, the wet T-shirt competition, brotherhood and a wide range of mild narcotics.

Greens promise to unlock frozen pensions

mooseIn the UK give-away election bonanza, the Green party has vowed to end frozen pensions if it holds the balance of power after the general election.

Its manifesto, published today, contains a commitment to resort full state pensions to expats who have taken up residence in countries where their British pensions are frozen at the time of moving.

IMF does not believe Portugal's figures

imfThe International Monetary Fund (IMF) does not believe that Portugal will achieve a deficit of below 3% this year if the government continues to use those fiscal measures currently in place.

In the ‘World Economic Outlook’ published today in Washington, the IMF points to a Portuguese deficit of 3.2% this year and 2.8% in 2016, a big blow to the government which is relying on positive economic data to help it get re-elected.

TAP pilots threaten strike action as Minister ignores claims

airplane2Portugal's Civil Aviation Pilots Union has concluded that talks with TAP management have reached an impasse and its members will decide later this week whether to strike or not.

The pilots’ union can schedule another strike if there is no progress and if its members at two scheduled meetings this week decide that a strike is the best way forward in pressing home their claims.

Portugal suffers continued industrial decline

shipyardIndustrial production in Portugal fell in February whereas it was up on average in the eurozone.

The measure considers the output from the industrial sector, such as manufacturing, mining, and utilities, but excludes construction.