Socialists propose reducing toll fines to sensible levels

5280Portugal's Socialist Party has looked at the fines for non-payment of tolls on Portugal’s motorway system and has delivered a project that limits the total payable.

The proposal to lower the fines for non-payment of tolls will benefit drivers as the current scheme has seen rapidly mounting total charges of up to 50 times the original toll fee.

Portugal nearly 75% dependent on energy imports

eonEnergy consumption in the European Union nations dropped down in 2013 to the level of the early 1990s.

Average consumption was 9% lower than the peak in 2006.

Ocean-aged wine stimulates wine palates

seasA vineyard in California has been experimenting with aging wine in the ocean rather than in cellars or caves, becoming the first US wine so aged.

Jim Dyke, of Mira Winery in the famous Napa Valley region, was inspired by learning of a haul of preserved champagne which had been recovered from a 19th century shipwreck off Finland. At auction, the champagne fetched thousands of pounds.

Portugal to pay off over half its IMF Troika loan

imfBy trying to do the right thing and swap some high interest Troika loans for lower rate loans from the current open market, Portugal’s Finance Minister aims to save time and interest payments.

This welcome offer to pay off over half of the IMF loan within the next 2 years needs to be analysed by the other creditors but should go ahead, using a financial model copied from Ireland which paid off its high interest loans early by swapping them for low interest ones.

The hunt is on for Spanish terrorist group in Portugal

ANARODRIGUESSpain’s Minister of the Interior, Jorge Fernandez Diaz, said this evening that the terrorist Galician Resistance group (Resistência Galega ) is planning to install a logistics base in the north of Portugal.

"A very small organisation and not comparable to ETA, intends to set up some kind of logistical base in the north of Portugal," said Diaz after a meeting today in Lisbon with Portugal’s new Minister of Internal Affairs, Anabela Rodrigues (pictured).

Algarve and Salamanca universities look at 'senior tourism' sector

oldpersonThe University of the Algarve is partnering Salamanca University in Spain in a joint research programme to look at the ageing population in the Iberian Peninsula.

The partnership will create postgraduate training methods and continuing education to meet the needs of the increasing senior population and will trigger research into 'senior tourism,' a key development sector for the Algarve.

Briton held for murder in Spain

prisoninteriorA British man has been arrested in Spain for murder.

The arrest of the 40-year-old was for allegedly killing a German man, 43, who had used an iPad to film the British man’s young daughter.

Portugal's farming exports up last year due to massive investment

tractorplougingPaulo Portas praised the "extraordinary contribution" of agriculture in the country’s export performance on the day that the National Institute of Statistics reported a significantly larger trade deficit last year than in 2013.

The Deputy Prime Minister was in Santarém at the first of 17 regional sessions to be held by the Confederation of Portugal Farmers to try and explain to members the workings of the new flat rate VAT system for agriculture, one of the many government measures that has led to thousands of small prodcuers quit the business.