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Most politicians in Spain are not corrupt

spanishpmSpain’s prime minister Rajoy has assured his MPs that most politicians in Spain are not corrupt.

His assurance came the day after his health minister, Ana Mato, had to resign after a judge accused her of benefiting from illegal payments resulting from crimes allegedly committed by her former husband.

Juncker keeps his job as our president

europeanparliamentJean-Claude Juncker, the new president of the European Commission, has escaped a censure motion against him.

The motion described Juncker as unfit to lead the EU executive because he presided over huge tax avoidance schemes for hundreds of multinational firms during his 18 years as prime minister of Luxembourg.

Consumer spending buoys UK economy

4765The UK’s economic growth is being fuelled by consumers, giving rise to concerns about sustainability.

Government spending is also playing a part, but business investment and exports are in sharp slowdown.

Faro Council back in business

faro2Faro council has announced that it is now able to pay off its remaining suppliers as it successfully has drawn down the final tranche of a government loan made under the Support to the Local Economy Programme.

€3.2 million can now be used to pay off many long-suffering suppliers and the council’s president Rogério Bacalhau wanted to pass on his thanks to all those companies and associations "that have had to wait for so many years for the regularisation of these invoices,” adding that things are a lot better now that he is in charge, the admin and management are especially improved.

French retailers expand in the Algarve

leroymerlinAs part of its expansion policy, Leroy Merlin has opened a new sales area for construction materials at its outlet opposite Algarve shopping, Guia.

The additional 3,000m2 zone ensures that "customers will be able to find a wider range of products and more available stock."

Wikipedia stumped by French cheese

cheeseWikipedia stumbled over a mountain of cheese when it tried to showcase the varieties of French cheese.

It announced the creation of WikiCheese but instead of helpful listings and photographs, the online encyclopedia asked for help.

Moviflor declared insolvent

moviflorAfter a half-hearted attempt at restructuring, the furniture company Moviflor finally has been declared insolvent in a Lisbon court.

A creditors' meeting has been called for January 7, 2015 which marks the end of the company whose store in Portimão burnt down and the one in Olhão closed suddenly along with others in the nationwide chain.

Coca-Cola turns to milk

COCACOLAMILKCoca-Cola anticipates that it will “rain like money” when its own brand of milk goes on sale in the US next month, such is the company’s faith in the future popularity of its new product.

Fairlife will cost double what regular milk sells for in shops, the company said.