Managers of the New Zealand Superannuation Fund, announced today that they are pressing ahead with a lawsuit against the Bank of Portugal.
At issue is the money lost when the Bank of Portugal’s Governor Carlos Costa decided that the New Zealander's pension money invested in BES, as part of a Goldman Sachs €835 million deposit, should stay at Banco Espírito Santo ‘bad bank’ when BES collapsed last August.
The out-of-touch world of Portugal’s Tax Authority has seen the boundaries of its own mad-cap standards once again challenged from within.
The latest ploy from the taxman is to insist that the recipient of goods to tootle off to Finanças to settle the bill, rather than paying the supplier, if the supplier owes the taxman money.
Pizza chefs in Italy saw red when fast-food giant McDonald’s advertised that Italian children prefer a Happy Meal to a pizza.
The True Neapolitan Pizza Association, representing pizza makers across the country, said it is even considering legal action “to end this shameful attack on a symbol of the Mediterranean diet”.
Polish Prince John Zylinski has challenged the Ukip leader Nigel Farage to a sword duel in Hyde Park because of Mr Farage’s anti-immigration stance.
Mr Zylinski pointed to the heroism of his father Andrew Zylinski who led a victorious cavalry charge against the Nazi invaders in 1939 and saved 6,000 Jews in the process.
The most popular spot luring British expats remains Australia.
In the last five years, some 207,000 have moved there. This is nearly a quarter of the 851,000 Brits who moved overseas during those five years.
The appalling conditions and lack of support for the homeless in Portugal has resulted in a court action in the Oporto court with a class action set to take on the government that has allowed its citizens to exist in squalour.
The homeless are claiming that the government has evaded its responsibilites and they are demanding that an investigation is carried out into their living conditions.
Minister Miguel Poiares Maduro is convinced that the Portuguese will recognise the merit of the work done by the current Government when it comes to election time.
The Minister for Regional Development today also said in an interview with Lusa that come the elections "there is a clear choice between two models of economic and social development."
The Ministry of Finance is reassessing the complicate zoning and location coefficients for urban real estate for rating purposes.
These figures are one of the elements used to fix IMI property rates, but are only being applied for new buildings.
