Santander capitalises on UK market

santander2Santander has captured a substantial number of British customers, making the UK its most lucrative market and downgrading the Brazilian market to second place.

The recent housing boom in Britain has enabled Santander to cut its losses from bad loans in half.

Quinta da Rocha development - public meeting 'was hardly advertised'

rochaButwell Trading and Investment Services SA’s proposed Tourism Development Centre on the banks of the Ria de Alvor, Portimão is planning to use the very land that the Court of Loulé already has decreed is 'restricted and should be returned to its natural state.'

The Ria de Alvor Monitoring Group, comprising eco-groups A Rocha, Almargem, GEOTA, LPN, Qercus and SPEA, did manage to get to a largely unadvertised public meeting, and has released a statement slamming the proposal before the deadline for the public consultation period this Friday.

Overseas Voter Day declared for expats

ballotboxThe Electoral Commission has set out to recruit 100,000 British expats to register to vote before the May 7 general election.

Thursday Feb 5 has been named Overseas Voter Day by the commission which says it will work with the FCO, Cabinet Office and political party networks overseas to promote the campaign via Twitter and Facebook.

Dutch health care best in Europe

hospitalchartThe health service in the Netherlands has topped the chart for the best care in Europe.

The 2014 Euro Health Consumer Index (ECHI) ranked 37 countries by considering such factors as accessibility and waiting times, outcomes, services available, illness prevention and disclosure of information.

Galp fined for anti-competitive bottled gas supply

lpgbottlesGalp Energia has been fined more than €9 million for anti-competitive practices by Portugal's Competition Authority which detected "grave breaches."

Petrogal, Galp Azores and Galp Madeira, all Galp Energia group companies, will have to pay €9.29 million in fines due to anti-competitive practices in the bottled gas market.

'Dux' fails to appear at Meco drownings inquiry

mecobeachJoão Gouveia, the only defendant, or 'arguido' in the proceedings brought about by the death of six university students in the sea off Meco beach, failed today to turn up at the court in Setúbal.

Joao Miguel Gouveia, also known as Dux, missed the opening day's hearings in the Meco case due to the pressure that he has been under in the past year, according to his lawyer Paula Brum.

Algarve tourism figures for 2014, good but not brilliant

pinecliffsThe Association of Hotels and Resorts in the Algarve (AHETA) announced today that tourist occupation in the Algarve increased by 3% in 2014 when compared to 2013.

The figure is up of course but disappointing in the aftermath of the fervour generated by a strong last quarter of 2014 and hopes that the overall increase would be higher.

“Meagre” growth in eurozone manufacturing

factoryManufacturing in the eurozone remained “meagre” in January, according to the respected index Markit.

Domestic demand was weak as well as export performance, leading factories to cut prices. Falling oil prices helped drive down manufacturing costs.