The United States has become one of the biggest new producers of energy in the world, but it will not start large-scale exports.
The traditional energy exporters in the Gulf will continue their dominant role in global production, said the head of the International Energy Agency.
Greek banks suffered an outflow of €12 billion in January, according to the European Central Bank.
Figures for February have not yet been published, but the indications are that money continued to flow out of the country’s banks.
Oxford has outstripped London in the cost of housing when matching price to earnings.
The average cost of a house in Oxford in 2014 was £426,720, while workers earned an average £26,500 a year.
A group of protestors invaded another Novo Banco branch this morning, this one was in Braga, and stayed for most of the day.
This unexpected delegation left an appeal to the President of the Republic and voiced their criticism of the banking supervisor for giving them neither security or answers.
Due to the recent minimum wage increases in Portugal, the country has left the group of Member States with minimum wages under €500 a month.
Portugal now has the sixth lowest minimum wage, soaring above those earned in Estonia, Latvia, Lithuania, Bulgaria and Slovakia, reveals Eurostat.
An answer is expected from the European Commission next week over the legality under EU law of the UK’s withdrawal of Winter Fuel Payment (WFP) from people in France from next winter, writes the expat website 'Connexion' in France.
An MEP for south-west France, Franck Proust, has asked the commission whether it is legal for the UK to take WFP away from British pensioners in France, while still giving it to those in other EU states. A deadline for a reply runs out in the next few days.
Two PSP officers were hit and killed by a train today as they chased burglars. The accident happened in Sacavém zone just outside Lisbon.
According to police sources, the two officers were called to help sort out a burglary that had taken place and decided to chase the fleeing suspects along the railway line.
The European Commission today announced that as part of its regular economic analysis of member states it has placed five of them in a ‘special monitoring’ category due to 'excessive economic imbalances.'
"We concluded that five countries, France, Italy, Croatia, Bulgaria and Portugal, each have excessive imbalances that require determined political action and specific monitoring," said the Commissioner for Economic Affairs, Pierre Moscovici.
