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Portugal’s government will approve a 1 billion-euro ($1.3 billion) credit line to municipalities to help them repay short-term debt to suppliers, said Miguel Relvas, the country’s minister for parliamentary affairs. “The credit line, with ...
May 28, 2012 at 20:46 | Source: Bloomberg
Bank of Portugal Governor Carlos Costa said customers in the country have “high” confidence in financial institutions and in the financial system. There has been “high” growth in bank deposits by individuals, Costa said in a report ...
May 28, 2012 at 23:38 | Source: Bloomberg
LISBON (Reuters) - Portugal is wrongly following a policy of "austerity at any price" and will need at least an extra year to reduce its budget deficit to the target established under a 78 billion euro ($98.1 billion) bailout, the leader of the ...
May 25, 2012 at 08:18 | Source: msnbc.com
In Portugal, austerity has meant up to a 30 percent pay cut for civil servants. Unemployment is at more than 15 percent, and the economy continues to shrink. The European Union recently warned the Portuguese people may have to sacrifice even more.
May 16, 2012 at 09:33 | Source: NPR News
“What can Portugal produce that the rest of the world wants to buy?” Pundits seeking to cut to the quick of the country’s economic and financial crisis have often posed this question since Lisbon was forced to ask for an international ...
May 28, 2012 at 18:09 | Source: Financial Times
DUBLIN--(BUSINESS WIRE)--Dublin - Research and Markets (http://www.researchandmarkets.com/research/hjk5k7/dairy_in_portugal) has announced the addition of the "Dairy in Portugal" report to their offering. Dairy in Portugal industry profile provides top ...
May 25, 2012 at 08:40 | Source: Business Wire
SILVES, Portugal, May 25 (UPI) -- German researchers say the oldest archaeological evidence of a Jewish cultural presence on the Iberian Peninsula has been found at a Portuguese excavation site. Archaeologists of the Friedrich Schiller ...
May 24, 2012 at 23:57 | Source: United Press International
As the 2012 European Championships come ever closer, Bleacher Report continues it's extensive, in-depth coverage of the teams involved. Here, we will take a look at Portugal in order to ascertain how they'll play, who their key players are and what makes ...
May 28, 2012 at 11:06 | Source: Bleacherreport.com
Obidos, Portugal: Forward Nelson Oliveira, dubbed ‘Portugal's Eric Cantona' for his footballing resemblance to the Frenchman, showed he also has a dash of the former striker's confidence by stating he is quicker and stronger than his rivals for a Euro ...
May 22, 2012 at 15:17 | Source: Gulf News
Despite the financial troubles battering Europe, Portugal and its institutions remain stable and have rolled out swift reforms to correct imbalances in its economy, its President said on Monday. And, like Portugal, Europe's economies are on the ...
May 28, 2012 at 23:38 | Source: Straits Times