António Ramalho, the current president of Infraestruturas de Portugal which runs the country’s rail and road systems, has been named as the new president of Novo Banco.

The Bank of Portugal appointment of António Manuel Palma Ramalho to the Novo Banco board is to replace Eduardo Stock da Cunha whose dire presidency of the bank has overseen continued losses, little reduction in staff levels, few branch closures and a sale process that will see the bank valued at the very lowest end of expectations.

Daytime temperatures continue to blister exposed paintwork with 42°C or higher being experienced in many parts of the country, especially the interior where a general lack of breeze has kept many people indoors until late evening.

The next few days will be the same with temperatures reaching the low 40s, hardly any wind except along the coastline and ‘tropical nights’ according to the IPMA weather service.

The Algarve mayors’ group AMAL is proving as good as its word and tomorrow will deliver two injunctions against the government to Loulé court.

The subject is AMAL’s spirited opposition to the State’s plans for oil and gas exploration, development and extraction both onshore and offshore in the Algarve region.

Union representatives for the Algarve’s hotel workers have delivered a petition for wage increases that do not involve withdrawing workers’ rights at the same time.

Bosses represented by the Association of Hoteliers in the Algarve (AIHSA) are adept at negotiating wage rises that include a ‘flexibility’ that in the past has resulted in workers toiling for an increased number of hours and being no better off.

Lagos council's executive has registered its 'total displeasure and disagreement’ with the proposals contained in the Odeceixe to Vilamoura regional coastal plan (POOC OV) presented by the Portuguese Environment Agency.

The council has advised the public that it will participate fully in the public consultation, which ends 19th July 2016, to "justify its rejection" as, according to the council executive led by Maria Joaquina Matos, the proposal does not reflect the outcome of an earlier meeting between the council and the agency, and that it meddles in council matters.

At the end of 2015, the Portuguese owed the Tax Authority €15.5 billion, an increase of €817 million during the year and a ten year record.

Much of the 2015 total is for sums owed that have resulted in insolvency proceedings.

Facing a hefty fine from the EU, Spain is considering a hike in corporate tax.

Both Spain and Portugal were deemed guilty of failing to bring their government deficits into line and a sanctions procedure has begun against the two nations.

The message of the 1939 motivational poster again has relevance for British expats in the wake of Brexit.

The UK Foreign Office has launched a new webpage specifically for expats living in or visiting EU countries after a majority of British people opted to part company with the European Union.