Portugal
Spain, Portugal push for full banking union as Germany finds hurdles
BRUSSELS/MADRID - Spain and Portugal called on Monday for the euro zone to complete a banking union as Germany underscored legal hurdles before a central element of the plan to deal with failing banks can be introduced. | Video
UPDATE 1-Spain, Portugal push for full banking union as Germany finds hurdles
* Spain's Rajoy says banking union is credibility test for European Union
Portugal bailout review completed: government
LISBON - Portugal's government said on Sunday its EU and IMF lenders had concluded work on the latest bailout review, indicating there were no outstanding obstacles for Lisbon to receive the next 2 billion euro tranche of the rescue package.
Insight: Bangalore on Tagus? Portugal outsourcing gets reforms boost
LISBON - When Nelson Craveiro lost his minimum wage job selling soft drinks last October due to Portugal's raging economic crisis, he dared not imagine that his fluent German would soon get him a better-paying job without the need to emigrate.
EURO GOVT-Portuguese yields edge up on landmark bond sale
LONDON, May 7 - Portugal's debt lagged other euro zone bonds on Tuesday as investors made room for its first 10-year issue since its bailout, highlighting strong demand for lower-rated euro zone debt.
Portugal to challenge JPMorgan, Santander swaps in court
LISBON - Portugal's government said on Friday it would challenge in court several high-risk hedge contracts signed by public companies and banks JPMorgan and the local unit of Spain's Santander to avoid losses for the debt-ridden state.
Portugal to challenge JPMorgan, Santander swaps in court
* Total potential losses of 3 bln euros cut by 20 pct so far
BPI says buffer rule hurts Portugal banks, seeks change
LISBON - Official efforts to make euro zone banks build bigger buffers against risk are backfiring by preventing them from scaling down exposure to vulnerable sovereign debt, the head of Portugal's Banco BPI told Reuters.
Portugal seeks solution to public firms' risky swap deals
LISBON, April 23 - Portugal's government hopes to reach a negotiated solution with foreign and local banks by the end of this week to minimise potential losses of up to 3 billion euros from high-risk hedge contracts agreed by public companies some years back.
Analysis: If Cyprus can sell gold to help bailout, why not others?
LONDON - Heavily indebted euro zone nations such as Italy and Portugal could come under pressure to put their bullion reserves to work as a result of plans for Cyprus to sell gold to meet its financing needs. | Video
North Korea fires short-range missiles for two days in a row
SEOUL - North Korea fired a short-range missile from its east coast on Sunday, a day after launching three of these missiles, a South Korean news agency said, ignoring calls for restraint from Western powers.
Ethiopia and Eritrea: An elusive peace on the cards?
Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.
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