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Faro island congestion to be eased by new car park and walkway

farobridgeHolidaymakers using Faro island soon will have new parking provided near the south west perimeter of the airport.

In work agreed between Polis Litoral Ria Formosa and contractors, cars can be parked and those wanting to cross the bridge onto the island can do so by foot or bicycle along a new kilometre-long path at the side of the existing road, which also will be resurfaced.

French fishermen target British beaches to land illegal migrants

doverFrench fishermen from Brittany are on trial charged with smuggling people into the UK.

The 13 Breton men are among 18 who are accused of using private boats and pleasure yachts for ferrying 200 illegal migrants onto beaches in Britain.

Crowdfunding restrictions affect Portugal's start-up businesses

eurozoneCrowdfunding investors in Portugal will be banned from shelling out more than €3,000 per offer, according to restrictive proposals from the stock market regulator CMVM.

The new rules are up for public consultation until January 21, 2016 but if they go ahead, the market that encourages new companies to get going, without recourse to applying to banks for money, will artificially be constricted.

German households told they are harming the environment

cowgalicianPeople in Germany have been given a slap on their wrists by the country’s Federal Environmental Agency for becoming a “burden” on the environment.

Its report discloses that daily habits in Germany are demanding too much.

Estoril racetrack sale blocked by Court of Auditors

autodrome2Portugal’s Court of Auditors has headed off the risky purchase of the Estoril race track by Cascais council to save ratepayers from unquantifiable financial liabilities best suited to a commercial venture.

The Court of Auditors formally has objected to the agreement signed between Cascais council and state holding company Parpública to purchase the Estoril race track for €4.9 million.

Brussels to relax rules on foreign control of Europe's airlines

lufthansaHad this EC amendment been adopted just a few months ago, the whole fuss over Neeleman and Pedroso’s takeover of TAP would have been avoided.

Brussels now wants to allow non-European investors to be able own more than 49% of any European airline and in return European governments must tighten up rules about state subsidies to the airline sector.

British family spending shoots up

shoppingbasketSpending by British households is on the increase, indicating people are feeling less squeezed under an improving economy.

Last year, people spent more money than they did the year before, according to new figures from the Office for National Statistics.

Golden Visas sluggish

oportoPortugal’s controversial 'Golden Visa’ scheme has seen numbers decline further in November as just 72 permits were issued, representing an investment of €45.4 million, according to the Foreigners and Borders Service whose staff still face a huge backlog of forms to process.

All but six of the successful November permits were issued due to the purchase by the applicant of a property in Portugal for €500,000 or more.