Portugal

UPDATE 1-Portugal ups jobless fcast, sees 2013 peak

* More flexible labour market to cut structural unemployment

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Big lenders see Portugal recession easing, MPs say

LISBON - Portugal's ruling coalition is reporting that EU and IMF inspectors evaluating the country's bailout programme have concluded the worst of the local recession may be over, which should help a recovery in faltering tax revenues.

IMF, 25 May 2012

Portugal opposition leader wants easier budget goals

LISBON - 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 opposition Socialists said.

25 May 2012

Contagion-wary lenders may cut Portugal some slack

* Should ensure 'austerity doesn't kill patient' - analyst

Bonds News, Bonds, Markets, 22 May 2012

Portugal's lenders to visit as Greek turmoil rocks EU

LISBON - Portugal's international lenders will begin a visit to assess progress on the country's 78 billion euro bailout program next Tuesday, the government said, as fears of new contagion and a Greek exit from the euro zone grip Europe.

World, Greece, 17 May 2012

IMF chief - Bailout programmes must be implemented

ISTANBUL, May 11 - Greece, Portugal and Ireland must meet their obligations under bailout agreements reached with international lenders, the head of the International Monetary Fund said on Friday.

Markets, Bonds News, Bonds, Ireland, 11 May 2012

UPDATE 1-Spain, Portugal committed to budget consolidation

PORTO, Portugal, May 9 - Spain and Portugal urged Greece on Wednesday to stick to its bailout programme and stay in the euro and promised to spare no effort in reducing their own budget deficits to ward off the growing euro zone debt crisis.

Bonds News, Bonds, Markets, Financials, 09 May 2012

Portugal govt defends Camargo bid for Cimpor

LISBON, April 26 - Portugal's Treasury Secretary Maria Luis Albuquerque defended a takeover bid by Brazil's Camargo Correa for Portuguese cement maker Cimpor from suggestions it was against the national interests and the price was too low.

Stocks, M&A, Bonds News, Bonds, Markets, Basic Materials, Cyclical Consumer Goods, Industrials, 26 Apr 2012

UPDATE 1-EDP buys 2.4 mln T coal for 2013/14 at $3 below API2

LONDON, April 24 - Energias de Portugal has bought 2.4 million tonnes of mostly Colombian and some U.S. thermal coal for delivery in 2013 and 2014 at a discount of just over $3.00 a tonne to the API2 index, sources at the utility and traders said.

Stocks, Markets, Utilities, Industrials, 24 Apr 2012

EDP buys 2.4 mln T coal for 2013/14 at $3 below API2

LONDON, April 24 - Energias de Portugal has bought a total of 2.4 million tonnes of mostly Colombian and some U.S. thermal coal for delivery in 2013 and 2014 at a discount of just over $3.00 a tonne to the API2 index, sources at the utility and traders said.

Stocks, Markets, Industrials, Utilities, 24 Apr 2012

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