The sale of Novo Banco is to go ahead as widely hinted, with invitation letters to be sent out next week to potential buyers.
The plan is to complete the sale by the end of July 2015 and with this in mind the Bank of Portugal has pre-selected those it wished to bid for Novo Banco, the ‘good bank’ part of failed BES.
The Algarve’s hoteliers’ association said today that its members’ turnover rose 10.4% in November compared to last year.
The overall average occupancy rate per room was also 9.2% up on last November, according to the association in its monthly assessment which amrks a significant improvement in the off season market.
A former Conservative official says the UK government has manipulated the definition of “winter” in order to deprive expats of winter fuel payments.
Roger Boaden, 74, called it a “cruel” move. Boaden, now resident in France, formerly managed three election campaign tours for Margaret Thatcher during his 30 year career with the Conservative Party.
The trial has started of the Dutch ophthalmologist Franciscus Versteeg who ran the I-QMed clinic in Lagoa’s business park.
Versteeg is accused of causing physical harm due to negligence and four of his former patients are looking for compensation totalling around €200,000.
The head of the Operation Grange team, Andy Redwood is to retire from the Metropolitan Police Service on December 22 this year.
Redwood’s place at the head of the Scotland Yard team investigating the disappearance of Madeleine McCann will be filled by Nicola Wall.
Police are hunting a British man who is believed to have been involved with the murder of another Briton in Spain last April.
Paul Scott, 32, from Liverpool, is wanted over the killing of 25-year-old Francis Brennan in Alicante, according to the UK’s National Crime Agency.
Seventy years after the end of WWII, a compensation package has been agreed for victims of the Holocaust who were deported by the French rail company.
Reparations will be paid to those transported by state rail company SNCF to Nazi concentration camps. The rail company transported some 76,000 Jews to Nazi camps during the war, but only about 3,000 survived.
Ten people who are believed to be responsible for smuggling migrants into Europe have been arrested in Italy and in Germany.
One of them is believed to be the ringleader behind some 20 treacherous voyages on unsafe boats across the Mediterranean, including the crossing in which some 244 people perished off the coast of Libya last June.
