A car left the road and ended up in the swollen river Boina near Rasmalho, Portimão yesterday and was dragged along by the strong curent.
The British woman driver was rescued by two locals after her Renault 5 left the EN266 Monchique to Portimão route and plunged four metres into the river, heavy with the recent torrential rainfall.
Former business grandee Ricardo Salgado had his house searched today in connection with what now is a criminal case surrounding the Espiríto Santo Group of companies.
Salgado was not alone in having a search made for evidence as, according to the police, 34 house searches were carried out today as well as a raid on a lawyer’s office and on six premises of six 'companies in the financial sector.'
The European Commission shortly will announce that seven EU countries are at risk of failing to hit their deficit targets next year.
Portugal is on the list, according to Reuters which had access to a draft. Italy and Spain also are included in the latest report on the budgetary risks of eurozone countries.
The cooperation between Portuguese and Spanish anti-toll protestors reached a new intensity today as representatives met in Ayamonte on the eve of the third anniversary of the financially ruinous Via do Infante toll system.
The meeting brought together individuals, business representatives and trade association members to discuss the damaging consequences that the A22/Via do Infante tolls have had on the Algarve and Andalucian economies.
McDonald’s UK business has been turning itself around in the last decade.
The company began operating in Britain exactly 40 years ago – 1974.
Spain’s prime minister Rajoy has assured his MPs that most politicians in Spain are not corrupt.
His assurance came the day after his health minister, Ana Mato, had to resign after a judge accused her of benefiting from illegal payments resulting from crimes allegedly committed by her former husband.
Jean-Claude Juncker, the new president of the European Commission, has escaped a censure motion against him.
The motion described Juncker as unfit to lead the EU executive because he presided over huge tax avoidance schemes for hundreds of multinational firms during his 18 years as prime minister of Luxembourg.
The UK’s economic growth is being fuelled by consumers, giving rise to concerns about sustainability.
Government spending is also playing a part, but business investment and exports are in sharp slowdown.
