Maritime police divers have begun the procedures to recover the wreckage of the Cessna 152 light aircraft that crashed into the sea last Friday, two miles south of Sagres.
The divers have attached inflatable balloons which will be used to lift the fuselage and the one attached wing from the ocean floor.
The families of the six youngsters who died at Meco beach on December 15 last year have delivered a request to the Court of Almada to undertake another investigation into the case.
"Hopefully there will be a judgment and that João Gouveia (Dux), the sole survivor of the tragedy that occurred on the Meco beach in Sesimbra, will clarify all our doubts in court," said the mother of one of the students from the Lusophone University who died.
So much for the 1386 Treaty of Windsor and any semblance of respect for one’s hosts, the culture of alcoholic excess and sexual promiscuity in England’s ‘rotten society’ has been exposed in the latest bestseller to sweep Portugal’s literate classes.
‘Bifes Mal Passados’ is a personal account written by a Portuguese professor based in London who portrays the English as ‘violent animals’ and accuses them of being drunk, dirty and sexually promiscuous.
Portugal’s exports of canned fish last year hit the previous record, way back in 1923.
The 2013 figures show that 53,000 tonnes of canned fish and fish paste were exported from just 23 factories, a fraction of the 400 factories estimated to have been operating 90 years ago.
Eduardo Stock da Cunha has been chosen by the Government and the Bank of Portugal to replace Vítor Bento at the helm of Novo Banco.
The formal announcement was made on Sunday afternoon and it will be up to the new man to choose replacements for the departed financial manager, and vice-president, should he want one.
Banco Espírito Santo secretly funded Espírito Santo International through Panama for two years, according to the Financial Times.
The FT has seen documents that reveal that the Banco Espírito Santo accounts did not show these secret loans made to Espírito Santo International, which indirectly owned 25% of Banco Espírito Santo.
The Cessna 152 light airplane that crashed and sunk off the Sagres coastline last Friday 12 September has been located on the ocean floor.
The position of the wreckage has been confirmed by Navy divers who have inspected the remains of the aircraft.
The Novo Banco team that had been charged with rebuilding the balance sheet of the 'good bank' split off from the collapsed BES, and restoring confidence in the disgraced institution, has quit.
The executives selected by the Bank of Portugal to lead the resurgence of the remaining good bits of the old BES has been hamstrung almost from day one as Carlos Costa from the Bank of Portugal continued with his own agenda to sell off Novo Banco in short order, even appointing BNP Paribas to pre-select interested parties.
