Portugal

Portugal quickly needs reforms to boost productivity, growth potential-EU

BRUSSELS, Feb 11 Portugal should quickly adopt a package of reforms that would boost productivity in the country and its growth potential, EU Economic Commissioner Pierre Moscovici said on Thursday.

Portugal to prepare extra deficit-cutting steps now-Dijsselbloem

BRUSSELS, Feb 11 Portugal promised euro zone finance ministers it would now prepare additional deficit cutting steps to be ready to implement them, if necessary, to keep the budget in line with EU rules, the head of euro zone ministers said on Thursday.

Bonds, Markets, Financials 11 Feb 2016

Germany says dangerous for Portugal to upset markets, must stick to reforms

BRUSSELS, Feb 11 Portugal should stick to the path of reforms that improve the country's public finances, German finance minister Wolfgang Schaeuble said on Thursday, warning Lisbon it would be dangerous to continue to upset financial markets.

Bonds, Markets, 11 Feb 2016

Portugal must be ready to do more on budget if needed-Eurogroup head

BRUSSELS, Feb 11 Portugal must be ready to take additional measures, if needed, to keep its 2016 deficit falling in line with European Union budget rules, the head of euro zone finance ministers Jeroen Dijsselbloem said on Thursday.

Bonds, Markets, 11 Feb 2016

Portuguese yields rise above 4 pct for first time in 1-1/2 years

LONDON, Feb 11 Portugal 10-year bond yields rose above 4 percent for the first time since August 2014 on Thursday, as investors worried about global growth and the health of the financial sector moved their money out of lower-rated markets.

Bonds, Markets, 11 Feb 2016

UPDATE 2-EU wants reluctant Portugal to take extra steps to meet budget rules

BRUSSELS/LISBON, Feb 2 Portugal must take further steps to bring its budget into line with European Union fiscal rules, EU Commission Vice President Valdis Dombrovskis said on Tuesday, heaping pressure on a new Socialist government that seeks to reverse austerity.

EU Commission asks Portugal for more budgetary measures

BRUSSELS, Feb 2 Portugal must propose additional measures to bring its budget in line with European Union fiscal rules, EU Commission Vice President Valdis Dombrovskis said on Tuesday.

Bonds, Markets, Financials, 02 Feb 2016

UPDATE 1-Portuguese parliament approves anti-austerity Socialist programme

LISBON, Dec 3 Portugal's parliament approved the new Socialist government's programme on Thursday with the backing of far-left allies, who stressed to the Socialists that they have high expectations of reversing austerity.

Bonds, Markets, 03 Dec 2015

Portugal's far left warns Socialist allies on debt ahead of vote

LISBON, Dec 3 The leader of Portugal's Left Bloc, which backs the new Socialist government, said on Thursday that a restructuring of the country's debt load is inevitable, maintaining a division with its ruling allies.

Markets, Bonds, 03 Dec 2015

Bank of Portugal economist Centeno named finance minister

LISBON, Nov 25 Portugal's President Anibal Cavaco Silva has accepted the lineup of a new Socialist government, where Bank of Portugal economist Mario Centeno will serve as finance minister, and will swear it in on Thursday, the president's office said in a statement.

Financials, Bonds, Markets, 25 Nov 2015
Photo

Turkey shells northern Syria for second day: monitor

BEIRUT The Turkish army shelled positions held by Kurdish-backed militia in northern Syria for a second day on Sunday, killing two fighters, the Syrian Observatory for Human Rights monitoring group said.