Beehive thief arrested in Faro

beeThe mystery may now have been solved as Faro GNR officers have tracked down and arrested a man on suspicion of stealing 250 bee hives.

These honey bee homes have been disappearing across the Algarve in alarming quantities, bringing despair to farmers in some of the most remote areas of the region who rely on the sale of honey often for a sizeable part of their income.

Albufeira arsenal owner has two previous arrests

gunThe 26-year old man who was found to have a veritable arsenal of weapons in the garage of his house in Ferreiras, Albufeira is spending the weekend in the local GNR station.

On checking his record, the authorities have confirmed that the man has two previous arrests for drug trafficking and possession of firearms.

Toilet and sink maker Valadares is back in business

toiletsPortugal's favourite maker of porcelain sanitaryware, Valadares, is to start up again under new ownership.

Rising from the U-bend of the insolvent Valadares is new company ARCH, run by a group of former employees who witnessed Valadares going down the tubes two years ago.

Cavaco Silva - reducing VAT on golf would be unfair

golfCutting taxes for some economic sectors and not for others would be unfair, according to Portugal’s President, when asked about reducing VAT on golf at an event in Albufeira.

Wishing to avoid “higher tax injustices” the President thought he had got away with this controversial topic as the golf industry commissioned a report when VAT was raised to 23% which showed that the net cash affect on the exchequer was less revenue from golf, not more.

Portugal - second coolest summer since 1989

heatSummer 2014 turned out to be the second coolest in the last 25 years, according to Portugal’s weather service, IPMA.

"In the summer of 2014, the average temperature was the second lowest since 1989” with only one official heat-wave recorded which was in June.

Portugal's PM investigated in illegal payment allegations

passoscoelho2Did Passos Coelho receive €5,000 a month from the company Tecnoforma between 1995 and 1999?

A complaint has been lodged that alleges that the current PM, while deputy party leader and electing not to receive income from other sources to receive an anhanced salary, received a €5,000 per month consultancy fee for advice as to how best to obtain funding to train technicians at municipal airports.

Lloyds boss claims 'Novo Banco is attractive'

lloydsHorta Osório, the chairman of Lloyds Banking Group, attended a breakfast meeting organised by the American Chamber of Commerce in Lisbon today and commented that Novo Banco is an attractive proposition due to its market share.

The banker said it was natural that several banks will be interested in buying the ‘good bank’ split off from the defunct Banco Espírito Santo, especially those banks which already have a presence in the country’s high streets.

Paderne - weapons and drugs found in possible Jihadist bolt hole

riflePolice chased and apprehended a suspect whose garage, it later turned out, had been used to house a small arsenal of weapons and enough hashish to supply a heavy rock concert.

A the 26-year old man was arrested by the GNR after he had fired a gun from his car as he drove through Fereiras, Albufeira. He later threw the weapon from the vehicle.