Troika inspectors gear up for Portugal bailout review Reuters Africa LISBON, Feb 9 (Reuters) - Debt-ridden Portugal's international lenders will next week begin assessing the country's compliance with the terms of its 78-billion euro bailout, against a backdrop of concerns it may eventually have to sign up for a second ... |
Portugal Caps Public Sector Managers' Pay as It Cuts Spending Bloomberg These companies include state-owned bank Caixa Geral de Depositos SA, airline TAP SGPS SA (TAP), postal operator CTT-Correios de Portugal and broadcaster Radio e Televisao de Portugal SA. The government wants to ensure these companies will maintain ... |
Portugal's Trade Deficit Narrows On Year In Dec To EUR1.04B Wall Street Journal LISBON (Dow Jones)--Portugal's trade deficit continued to narrow in December on a sharp drop in imports and a small rise in exports, the country's statistics agency said Thursday. Exports climbed 4.4% compared with December 2010, while imports fell ... |
Portugal Closing the Gap to its Mediterranean Neighbour says Rhinocarhire.com CisionWire (press release) 9 February 2012 - Early indications show that car hire in Portugal is closing the gap to its Mediterranean neighbour Spain. For decades Spain has led the way as the Mediterranean destination of choice, but Rhinocarhire.com are seeing a shift with ... |
 euronews | Portugal's Few Exports Bring Bailout Scrutiny Wall Street Journal By MATTHEW DALTON BRUSSELS—European policy makers have begun to worry about similarities between the Portuguese and Greek economies that they fear could derail Portugal's €78 billion ($103 billion) bailout program. That would raise further doubts ... Portugal sounds out advisers on debt restructuring Debt crisis and Greek debt talks: as it happened - February 7, 2012 Portugal has third largest sovereign debt as percentage of GDP amongst ... |
Portugal households' bad loans up 15 pct in 2011, still tame Reuters The country's banks failed to collect payments on 4.58 billion euros ($6.1 billion) in loans to households last year, a 15 percent increase on 2010, according to Bank of Portugal data . Those non-performing loans accounted for 3.2 percent of total ... |
Portugal's BCP Extends Gain as New CEO Prompts Short-Sellers to Exit Trade Bloomberg Banco Comercial Portugues SA (BCP) rose 5.1 percent in Lisbon trading on speculation the planned leadership change at Portugal's second-biggest bank is prompting investors to exit trades betting on a decline. Banco Comercial said on Jan. Portugal's Banks May Tap ECB Again Portuguese Banks Likely To Tap ECB's Three-Year Loans Again Banco Comercial Rises 15% to Five-Month High: Lisbon Mover |
Portugal union leader wants debt renegotiation Reuters By Axel Bugge and Daniel Alvarenga | LISBON (Reuters) - Portugal must renegotiate its debts rather than impose harsh austerity measures to overcome its economic crisis, the head of the country's largest trade union said on Wednesday, threatening to ... |
Portugal's Debt Plan 'Is on Track' Wall Street Journal By GEOFFREY T. SMITH LONDON—Portugal is making good progress in its fiscal and economic adjustment programs, and will continue to do so, the head of the European Union's main bailout vehicle said Tuesday. "Portugal is on track, but the markets are not ... |
 EurActiv | China power giants flex muscles abroad Reuters A quarter of Portugal's power grid operator, REN, will be sold to China's State Grid Corp for 387 million euros ($507.82 million), part of a wave of privatizations Lisbon has to carry out under the terms of its 78-billion-euro European ... China Buys Into Portuguese National Power Company, Politicians Aghast |
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