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Portugal
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Current Portugal News Today Portugal PM wants easier bailout terms for banks Portugal's prime minister wants his bailed-out country's banks to be given more leeway to meet their capital requirements because an acute credit crunch is dooming viable companies. Fri, 03 Feb 2012 04:40:07 -0800 Portugal Bond Rout Overstates Greek Likeness Portugal 's bond-market rout suggestsinvestors aren't rewarding the nation's austerity efforts andare concerned about a Greek-style reduction in debt repayments. Portuguese bonds handed investors a loss ... Fri, 03 Feb 2012 03:42:56 -0800 Portugal Needs ECB Action to Avoid Greek Fate, De Grauwe Says Portugal will follow Greece into debt restructuring unless the European Central Bank steps up purchases of its distressed bonds, said Paul De Grauwe, a professor at the Catholic University of Leuven in Belgium. Thu, 02 Feb 2012 22:16:00 -0800 Portugal Agrees to Sell REN Stake for 592 Million Euros Portugal’s government agreed to sell a 40 percent stake in REN-Redes Energeticas Nacionais SA (RENE) for 592 million euros ($779 million) to State Grid International of China and Oman Oil Co. to meet the terms of a bailout accord. Thu, 02 Feb 2012 10:34:27 -0800 Portugal easily raises $2 billion in new debt Portugal comfortably raised euro1.5 billion ($1.97 billion) in a short-term debt auction Wednesday despite recent market jitters about its fiscal soundness. Wed, 01 Feb 2012 03:59:12 -0800 |
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