TAP boss Fernando Pinto warned workers today that the special conditions which have been in force regarding early retirement will end on the day the airline finally is sold.
In a message sent to TAP employees, the company's president said the airline is approaching the final stage of being sold and that there are just a few legal procedures to complete, which he assured soon will be done.
Despite squabbles over Gibraltar, Britain and Spain see eye to eye on structural reforms for the EU.
David Cameron and Spanish premier Mariano Rajoy have written a joint article for a Spanish financial newspaper urging reform in order to “make the European Union much more competitive”.
Budget train travel in France will be extended with the addition of new destinations in 2016.
The country’s low-cost Ouigo service offers tickets from as little as €10.
A British couple were given a one-year prison sentence, later suspended, for abandoning their son at the end of the family’s holiday in Mallorca.
The couple, who have not been named, were arrested on Wednesday as they tried to board a flight at Palma airport to return home. Three of their children who were with them at the time were taken into care.
Committing to record its opinion that Novo Banco is a financial minefield, accountancy giant PwC has put some distance between itself and any future claims from an eventual buyer that ‘the accountants should have known.’
Auditors' comments in the half-year accounts for Novo Banco include PwC’s recognition that there are contingencies in the accounts that simply are 'impossible to quantify.'
Portugal’s Socialist party today was accused by the government of acting in "bad faith" over comments it had made about the impact on the national accounts of not selling off Novo Banco before the year end.
The Minister of the Presidency and Parliamentary Affairs, Marques Guedes, says there is no imperative for the bank to be sold at any price and that the money injected into Novo Banco, if not repaid this year, “will have no impact on the achievement of targets by Portugal.”
The Vila Real de Santo António area now has a water and sewage system to be proud of after a €61 million spend.
One of the main benefits is that there is no further need to dump sewage directly into the Guadiana - while pretending it wasn't happening.
The current hot political topic is Portugal's less than adequate response to the international refugee crisis.
Offering 1,500 places over two years has set the country up for ridicule and the crisis was the main topic of conversation in today's council of ministers meeting.
