Doctors from Cuba cost many times more than local medics

stethascopePortugal’s health ministry has spent €12 million on hiring Doctors from Cuba.

The chairman of the Medical Council, José Manuel Silva, today said the Ministry of Health does not offer Portuguese doctors similar terms and conditions as the Cubans had cost up to €5,900 a month, somewhat more than local Doctors.

BES Angola, €3.3 billion provison for bad debt

angolaThe fresh new management of BES II, or Novo Banco as now it is called, is to change the BES branding to distance the new bank from the ancien régime.

Part of new chief Vítor Bento’s restructuring plan is to change the familiar green livery of BES to anything but green.

Credit Suisse implicated in BES collapse

bessalgadoarrestCredit Suisse put together securities that then were bought by four tame offshore investment companies which in turn sold them on to BES customers through BES branches.

All well and good except the securities that were bundled up and sold by Credit Suisse were made up of investments in the failing Espírito Santo empire.

Health service debts 'pay up or lose your car'

nurseA cunning new scheme, first announced two years ago, has been launched by the tax office and the heath service to ensure patients pay for their health consultations and chargeable treatments, or their cars could be seized.

The new system being trialled involves health service staff handing a note to every patient leaving an appointment. The note contains a payment reference for settling the bill at the nearest ATM.

EU to subsidise produce banned by Russia

fruitThe European Union will tap into emergency funds to augment the price of fruit and vegetables in order to compensate farmers who were caught in Russia’s ban on importing food from the EU.

The European Commission said it would spend €125 million.

Monarch takes on rivals Ryanair and easyJet

monarchMonarch airlines is believed to be planning staff cuts of as many as 1,000 jobs.

If cuts this deep are made, it would affect about one-third of the airline’s workforce.

Desperate Morrisons goes ‘dawn to dusk’

morrisonsMorrisons supermarket says it will extend its opening hours in an effort to attract customers back to it.

It is going for ‘dawn and dusk’ hours, which could be as early as 6am to 11 pm at 230 of its 490 outlets.

Portugal's May trade deficit was the 5th largest in the EU

containersIn the first five months of 2104, Portugal recorded a trade deficit of €4.1 billion, the fifth largest in the European Union and a shock to the government whose main aim is to persuade the elctorate how much better everything is getting.

By May, the UK, France, Spain, Greece had the largest difference between exports and imports, as show in data published today by Eurostat; Portugal was just behind Greece.