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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.