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Posts published in “Property”

Quinta Pedagógica dos Prazeres Receives Financial Aid

The Municipality of Calheta has announced that they will provide €2,500 a month in financial support to Quinta Pedagógica dos Prazeres. The measure, was unanimously approved at a chamber meeting, and aims to ensure that the centre continues to operate both commercially and as a tourist attraction.

BES Debt Triples

According to a recent report by Jornal de Notícias,' Banco Espírito Santo's (BES) debt has practically tripled since 2014, while the “bad bank” assets can only cover 2.8% of its creditor liabilities. 

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