Newsletter Sponsor this week is FM Transport 

Many people consider moving their personal possessions from the UK to Spain and Portugal and will often use a courier or removal company to do this. Not many people think about the return journey – they may have a few things to send back to the UK or maybe they intend to move lock, stock and barrel back to the UK. Maybe they are sending gifts or hoping they can stick something in someone’s suitcase. FM transport can usually find space on their scheduled runs if you have anything you want to send to the UK or maybe you need to move items between France, UK and Spain. FM transport offer a flexible service with competitive pricing for all your European Transport needs. Visit our website or call Fred on +44 1582 499 836 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

This Week in History
7th April 1860: W.K. Kellogg, cereal magnate and health guru, is born.
10th April 1912: The Titanic begins her maiden voyage which will end in disaster exactly 100 years ago.

Frost and dry weather have caused an almost total loss of production of fruit and vegetables in the Algarve. The frost and a lack of rain has crippled most fruit and vegetable farms in the Algarve, according to farmers, who traditionally lack adequate insurance. Given the losses, there are those who confess that now they are living on hope alone. See the full report on Algarve Daily News

Portuguese resorts, cities and businesses have received a total of 26 nominations for the 2012 World Travel Awards. The Europe Gala Ceremony will be held at the brand new Conrad Algarve hotel in Quinta do Lago on 6th October, prior to its official opening.

Matthew Loddy set off from Praia da Luz in the Algarve 83 days ago to run 100 marathons in 100 days. He will finish with the 100th marathon being the London Marathon on 22nd April. Hey Portugal and Cidade XL made a collection at A Place in The Sun show and raised £102.46p, €34 and 25 Canadian cents. It all helps so please click here and give anything you can. Read More. 

Bloomberg Businessweek reported that Portugal raised €1.5million on two debt auctions on Wednesday and demand outstripped supply fivefold. Rates on the 6 month bills were down from 4.3% to just 2.9%. Finance Minister Vitor Gaspar called the auction's success "a very significant development."

Currency
GBPEUR rates have climbed this week following better than expected data making it more likely the UK will not re-enter a recession this year. This was also backed by poor information from Europe showing signs their growth is poor at best. GBPEUR rates reached a near 18 month high of 1.214 yesterday as a result. To take advantage or put a currency strategy together to limit your exposure please contact Steve at This email address is being protected from spambots. You need JavaScript enabled to view it.