Brussels has approved the €3 billion the Portuguese taxpayers may have to pay to sort out the Banif scandal, but helpfully adds that "banks cannot be kept artificially afloat using taxpayers' money."
European Commissioners said they have long expressed concerns about state bailouts and taxpayer funded rescues. This did not stop commissioners giving the OK for more of the same as, after all, it’s not their money.
Spain’s outgoing PM Mariano Rajoy said he will seek to form a new government.
His conservative Popular Party won the most seats in Sunday’s general election, but not enough to gain an absolute majority. Nevertheless, with the most votes, he will have the first shot at forming a government.
The defence lawyer representing the Sikh activist arrested in Albufeira on terrorism charges says that extradition to India could lead to the death penalty for his client.
UK based Paramjeet Singh was arrested last Friday while enjoying a family holiday in the Algarve and now is in Beja jail pending an extradition request from the Indian authorities.
Not everyone who reaches Germany and claims asylum is granted entry.
By the end of November this year, 18,363 deportations took place of individuals whose asylum applications had been denied, according to documents from the country’s Interior Ministry.
The Algarve’s regional health inspection service said Legionella has been detected in an Algarve health centre but that "there is no risk for users.”
Ana Cristina Guerrero from Saúde do Algarve said that Legionella was found during one of the regular inspections made in hospitals, hotels and other public buildings and confirmed that the bacteria had been found “in an area of the health centre in Vila Real de Santo António."
In a painful yet necessary resolution to the Banif collapse, Portugal's taxpayers end up losing around €2.2 billion despite Banif's 'good bank' assets being sold off to Santander for €150 million.
Portugal's Prime Minister António Costa blames previous government, with 100% justification, for passing on a problem that should have been dealt with in March this year. Costa's Socialist Party and those of his left-wing support group are to demand a parliamentary inquiry into this fiasco.
With most of the votes in Spain now counted, the governing conservative party, Mariano Rajoy’s Popular Party (PP), has won the most seats in the general election.
But it has lost its majority. It now has to see if it can find another party which will agree to form a coalition. Previously, all the leading parties had said they wouldn’t do so.
Officers from Portugal’s Foreigners and Borders Service (SEF) have nabbed the notorious Khalistani terrorist Paramjit Singh, alias Pamma, a conspirator in the 2010 bombings in Patiala and Ambala in northern India and the mastermind of a 2009 murder, or is he?
According to the SEF, the arrest warrant describes the man as dangerous and violent and "wanted for murder and bombings."
