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Luís Figo caught up in tax evasion probe

figoLuís Figo, former football player turned businessman, is suspected of tax evasion on an industrial scale.

A 2002-2005 ‘image rights’ contract between the former footballer and Galp Energia has become enmeshed in Operação Furacão (Operation Hurricane). The suspicious transaction was for €399,000.

Heroin importer nabbed by police at Faro airport

heroinThe Judicial Police today announced the arrest of a man at Faro Airport, suspected of drug trafficking.

The incident occurred on Sunday when the man went to collect his bag from the carousel, not realising that it had been tracked by various police authorities through each leg of its complicated and highly suspect journey.

Last day of Nigel Jackson's trial for Alcalar murder

jackson1The third hearing of the trial of Briton Nigel Jackson heard the prosecution summing up its damning case aganst the former taxi driver.

Nigel Jackson stands accused in Portimão court of murdering his partner Brenda Davidson, burying her in the garden of their house in Alcalar, while pretending she was away receiving medical treatment.

Civil Service call national strike

farocamaraThe government workers union today announced a national strike, the first substantial test of the strength of António Costa’s new Socialist government.

The National Federation of Unions of Workers in Government Service announced the strike for January 29th unless the government immediately reduces their weekly hours to 35 hours, as he has promised.

Spain’s black truffle crop is world’s largest

truffelsBetween the coast of Valencia and the mountains of Teruel lies Gúdar Javalambre, a remote arid patch of the interior which is on its way to becoming the truffle capital of the world.

The cultivation of ‘black diamonds’ is beginning to transform the local sparsely populated rural economy. Only around 9,000 people inhabit about 24 towns and villages in a region which has seen little investment and steadily declining population.

Portugal to export live octopus to Japan

octopus2Olhão council reports that the Transpolvo project to send live octopus to high value foreign markets in the Far East is nearly complete and the results are looking good.

Portugal’s Institute of the Sea (IPMA) has carried out tests to see if octopus can be transported over long distances while still alive and kept at low temperatures.

Portugal's service sector boom

algarveshoppingLast year, more than 37,000 companies were created in Portugal, but 15,500 closed down.

In 2015, Portuguese companies did get better at paying their bills on time. Last year, 19.9% of companies paid within the agreed period, an improvement of 2.5% compared to 2014.

EU slams another corporate tax deal

eurozoneAs the EU continues to clamp down on “sweetheart” tax arrangements, it has found an “excess profit” tax scheme in Belgium to be illegal.

It has obliged the country to recover €700 million in illegal tax breaks.