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Current Portugal News Today Troika inspectors gear up for Portugal bailout review LISBON (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 rescue package. Inspectors from the European Union and International Monetary Fund start work on their third quarterly audit next Wednesday, the ... Thu, 09 Feb 2012 08:32:11 -0800 Portugal union leader wants debt renegotiation 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 step up strikes if the government pushed on with cuts. Armenio Carlos, head of the CGTP union, told Reuters Portuguese workers would take a stand against attacks on labor rights, which ... Tue, 07 Feb 2012 10:38:15 -0800 Portugal sell-off still has juicy bits: advisor LISBON (Reuters) - Portugal's state sell-off plan still has companies that are likely to lure investors, after the successful sale of stakes in two major firms which defied the impact of the debt crisis, an advisor to the process said on Tuesday. Privatizations make part of the terms of a 78 billion euro ($102 billion) EU/IMF bailout program for Portugal and, unlike Greece, the Iberian country ... Tue, 07 Feb 2012 05:10:58 -0800 Portugal as Greece Prods ECB to Halt Contagion Buoying Bulls The growing prospect Portugal may follow Greece in needing more aid to skirt default may spur the European Central Bank to extend its response to the debt crisis, underpinning gains in the region’s stock market. Wed, 08 Feb 2012 10:47:16 -0800 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 |
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