Month: December 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 ............
Curral das Freiras. How the levadas were built. Herberto Helder.
Miradouro do Paredão
Very little news recently as the holiday season starts for the locals, so this post has been padded out a little! The photo opposite is from the (relatively) new Miradouro do Paredão overlooking Curral das Freiras (Nuns Valley). The area around the viewpoint is the site of an intensive ............
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 ............
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 ............