A month after being dismissed on live television as chief executive officer of Portuguese airline TAP SA, Christine Ourmieres-Widener remains at the helm of the state-owned carrier, without any guidance from the government on how to run the company, Bloomberg reported. Portugal’s Finance Minister Fernando Medina sacked Ourmieres-Widener at a March 6 press conference broadcast on national television, following criticism about a severance payment of €500,000 ($547,000) to a departing executive board member.
Portugal provided São Tomé and Príncipe with €15 million in direct support towards the country’s budget in order to “meet immediate needs,” announced minister of foreign affairs João Gomes Cravinho last Friday, the Portugal Resident reported. The funding was done through the Camões cooperation and language institute. “This amount of €15 million is to meet immediate cash-flow needs.