Year: 2015
Banif rescue costs. Noite do Mercado. Cruise robots.
Full cost of Banif rescue becomes apparent
The full implications of the forced sale of the “good” part of Banif to Santander Totta at a knock-down €150 million last week are becoming apparent, and the figures do not make pretty reading. Whilst depositors money and jobs have been secured, the focus now is turning ............
Banif. Cruise passenger disappears. CR7 Pestana details.

Banif to be sold?
According to a statement that appeared on the website of the Securities and Exchange Commission two days ago, Banif (Banco Internacional do Funchal) has reported that it has received six proposals for the acquisition of that part of its equity currently owned by the Portuguese ............
Madeira voted “World’s Leading Island Destination”. Savoy.

On Saturday night Madeira was revealed to have been voted the ”World’s Best Island Destination” at the World Travel Awards Grand Final held in El Jadida, Morocco.
In the previous two years Madeira has won the award of Europe’s Leading Island Destination, but this ............
Christmas lights. Savoy. CR7 & Pestana partnership.

Christmas lights “better than last year”
Most of the Christmas lights have now been installed in Funchal, and seem to be meeting with general approval after the public outrage last year. There were a few delays around the harbour but nearly all were illuminated on schedule. ”Giant pines” seem to be a theme.
Savoy Hotel future?
The Diario ............
Walkers warned. Paralympic volunteers sought. Madeira Regency Palace latest. Il Gallo d’Oro.

Walkers warned on dangers of wandering off
The Diario online today carries another couple of stories of tourists being rescued having disappeared when walking alone or deviating from the recognised paths. In both instances the tourists were found alive and in reasonably good health by the ............
New Lido. Ferry tender delay. São Martinho. Porto Santo.

New lido nearly finished
The Journal da Madeira reported last week that the rebuilt Lido, situated at the area generally just referred to as “the Lido”, some 3 kilometres west of the centre of Funchal, is “nearly finished” – typically just in time for the winter season when fewer people will ............
Cruise ship abandons visit. New PM for Portugal. Christmas Fair.

More Pier 8 questions
A cruise ship with 2000 passengers which was waiting to enter Funchal harbour yesterday decided instead to abandon its planned visit and head off to Las Palmas. The Diario reports that potential visitors on the Royal Caribbean ‘Rhapsody of the Seas’ (above) awoke yesterday ............