From the Telegraph on Wednesday:
“Yields on 10-year Spanish bonds punched back above the danger line of 6pc and spreads over German Bunds reached 450 basis points, intensifying pressure on Madrid as it continues to resist a sovereign bail-out.
The alliance of hard-line creditors said the European ............
Two months after the fires that ravaged and devastated parts of the Municipality of Santa Cruz, the town executive promoted a visit on Tuesday morning to four homes that are being targeted for reconstruction with the help of “solidarity, not the State”.
Although pleased with the donations ............
According to the latest statistics released by APRAM (the Port authority) 314,651 tourists from 170 cruise ships passed through the port of Funchal in the first eight months of this year, (until the end of August).
The months of July and August, as usual, were the weakest in terms ............
The beach of Porto Santo has just been voted the best in the category of “Portugal Dunes”. It was one of three finalists (the two other beaches were on the mainland at Carvalhal and Ilha de Tavira – I know the latter well – a lovely spot!) in a national contest of “7 Wonders”, which ............
Leaked versions of the Draghi Plan revealed that the ECB president has proposed unleashing a bond buying effort that would be ‘unlimited’. The central bank would also relinquish its senior status among creditors, a measure seen as critical to encouraging private bond investors.
The plan would ............