World news about “Portugal’s debt” published by euronews.
More cuts as Portugal’s next bailout payment is approved Portugal has been given the go-ahead to receive the next installment of a bailout loan. Following a review last week, EU and IMF lenders have approved the two… 13/05/2013
Portugal makes successful return to bond market Portugal has issued its first new government bonds since requesting an international bailout two years ago, offering 10-year debt in an issue expected to… 07/05/2013
Portugal: 39th anniversary of revolution turns into austerity protest The celebrations for the 1974 “Carnation Revolution” in Portugal have taken on a poignant tone this year. People from all walks of life who gathered for the… 26/04/2013
Lenders consider seven year extension for Portugal loan repayments International lenders have recommended that Portugal should get an extra seven years to repay loans to the European Union. The move would offer a… 10/04/2013
Portuguese PM vows further cuts The Portuguese government says it will further cut spending to meet bailout targets agreed with its lenders, after a constitutional court rejected four of its… 08/04/2013
Portuguese Constitutional Court rejects part of austerity plan Portugal’s Constitutional Court has rejected four of the nine austerity measures drawn up by the government. The total austerity budget amounts to around 5… 06/04/2013
Lisbon littered with anti-austerity protest Hundreds of Portugal’s unemployed have taken to the streets of the capital Lisbon to protest against high unemployment and job insecurity. The march comes as… 27/03/2013
Portugal’s deficit cutting timetable ‘to be eased’ Portugal is reportedly to get more time to cut its budget deficit. As part of Lisbon’s 78 billion euro bailout, inspectors from the ‘troika’ of lenders –… 11/03/2013
Revision call as troika reviews Portugal bailout Officials from the European Union, the international Monetary Fund and the European Central Bank started their seventh evaluation of Portugal’s economy on… 25/02/2013
Portugal back in bond market Portugal enjoyed strong demand from investors in its first sale of longer term government bonds since Lisbon was forced to asked for an EU bailout two years… 23/01/2013
France’s Vinci snaps up Portugal’s airline operator ANA Portugal is set to beat its privatisation revenue goal by selling airport operator ANA to French construction firm Vinci. The deal is reportedly worth about… 27/12/2012
Lisbon to swap tax rises for spending cuts Portugal’s government is to tone down sweeping tax rises proposed for next year to tackle the country’s mountainous debt crisis, and will replace them with… 09/10/2012
Portugal kicks debt can further down the road Portugal has bought itself a bit of breathing space by carrying out a swap of some of its government bonds. They were due to be paid back next year, which… 03/10/2012
Portuguese force austerity plan back to drawing board Angry Portuguese told their government to disappear in stronger language than ever at their presidential palace near Lisbon on Friday. Politicians and even… 24/09/2012
Portugal’s borrowing costs ease Portugal was able to borrow 1.5 billion euros in its latest auction of short term treasury bills at a lower rate of interest than it had to pay one month ago… 06/06/2012
Troika checks Portugal’s progress Portugal’s international lenders are in Lisbon to check progress on the country’s 78 billion euro bailout programme. Inspectors from the so-called Troika –… 22/05/2012
Portuguese middle class eroded by austerity In mid-April, Portugal’s parliament ratified the new European pact on budgetary discipline, the second EU country to do so after Greece. The pact provides for… 25/04/2012
Portugal’s pain as austerity bites Portugal has just drawn praise from the so-called troika – the European Commission, International Monetary Fund and European Central Bank – for its progress… 28/03/2012
Rehn says Portuguese debt reduction “on track” The EU’s Economic and Monetary Affairs Commissioner Ollie Rehn, on a two-day visit to Portugal, has said the country is on track to reverse its fiscal… 15/03/2012
Troika inspectors review Portugal bailout Portugal is the latest stop for officials from the European Union, the International Monetary Fund and the European Central Bank on their debt crisis tour… 15/02/2012
Investors keener on lending to Portugal Good news for the Portuguese government on Wednesday with a fall in the interest rates it had to offer to sell 1.5 billion euros of short term treasury bills… 01/02/2012
Investors switch debt focus to Portugal Portugal has become the next big worry for investors who see it as following Greece into debt trouble. The feeling in the market is that Lisbon will need a… 27/01/2012
Portugal’s first family silver sale goes to China Portugal has taken the first step to fulfilling the terms of its EU-IMF bailout, by selling a major chunk of the country’s biggest company to the… 22/12/2011
Portugal’s recession deepens Portugal’s economy is in an even worse state than was previously thought. The latest revised statistics show GDP shrank by 0.6 percent between July and… 09/12/2011
Portuguese youth exodus The queues outside African and South American consulates in Lisbon are getting longer by the day as more Portuguese are hoping to try their luck overseas… 08/12/2011
Portugese bonds reach junk status Fitch Ratings has downgraded Portugal’s long term foreign and local currency bonds to BB+ from triple-B, from investment grade to junk. Short term, senior… 24/11/2011
Portugal progress passes audit An audit on Portugal’s progress under the terms of its rescue package has cleared the way for a further payment. Finance minister Vitor Gaspar confirmed the… 16/11/2011
Troika checks Portugal for more bailout cash The so-called Troika of representatives from the European Commission, the European Central Bank and the International Monetary Fund is back in Lisbon to check… 07/11/2011
Portuguese teachers take to the streets over government cutsThousands of teachers from across Portugal have marched through Lisbon to protest against new working conditions imposed by the Government. The measures… 26/01/2013
Portugal 2013 budget: Tax hikes and more cuts approvedPortugal’s parliament has given final approval to its 2013 budget which includes the biggest tax increases in modern history. The centre-right government… 27/11/2012
Anti-austerity protests mark Merkel’s Portuguese visitHundreds of people turned out to greet Angela Merkel on her first official visit to Portugal. Unfortunately, perhaps for the German Chancellor most of those… 12/11/2012
Portuguese budget may face legal challengeWith nightfall in Portugal, demonstrators took to the streets. Their destination was the parliament building in Lisbon, where politicians had just voted in… 01/11/2012
Portugal passes fresh tax hikesPortugal’s parliament has passed the country’s largest tax hike package in decades. The changes form part of Prime Minister Pedro Passos Coelho’s new 2013… 31/10/2012
Portugal protests against tough tax hikesHundreds of protesters stayed out in front of the Portugese parliament building late into Monday night after the government announced sweeping tax… 16/10/2012
Portugal finance minister unveils “enormous” tax hikes in 2013 budgetPortugal is facing “enormous” tax increases next year, according to Finance Minister Vitor Gaspar as he unveiled the harshest austerity budget seen by the… 15/10/2012
Eurozone finance ministers meet for more talksHaving launched the European Stability Mechanism, Eurozone finance ministers got round the table in Luxembourg for more talks on Greece. Opinion clashed… 09/10/2012
Rush hour chaos in LisbonThe metro in the Portuguese capital ground to a halt for several hours on Thursday morning as workers staged an anti-austerity strike. The protest is due… 27/09/2012
Portugal debates u-turn over austerity measuresIn Portugal, ministers have held a special seven-hour meeting to debate a change of direction in austerity policy. The government is considering a u-turn -… 27/09/2012
Portuguese bemoan “unfair” tax rise for workersPortugal’s tough new austerity measures have been widely criticised as an attack on workers. The government’s announced a raft of changes, including an… 08/09/2012
Unions slam Portugal’s new austerity measuresThere has been fierce condemnation of new tough austerity measures announced by Portugal’s prime minister. Pedro Passos Coehlo said last night the… 08/09/2012
Portugal optimistic despite difficultiesThe IMF has just approved Portugal’s fiscal consolidation and economic reforms, which the country undertook in return for 78 billion euros of aid granted in… 18/07/2012
Child labour warning to austerity-hit PortugalHuman rights are at risk as austerity bites in Portugal, the Council of Europe is claiming. It fears a return to child labour with youngsters forced to go… 10/05/2012
EU pact sails through Portuguese parliamentPortugal has become the second EU country – after Greece - to ratify a European Union pact tightening budgetary discipline. The country’s parliament… 13/04/2012
Portugal on thin rationsPortugal seems to be taking austerity steps in the right direction but it is does not have cause to celebrate yet. That was the European Commission’s opinion… 04/04/2012
Portugal strike fails to rouse workersStrikers halted trains, shut ports and paralysed most public transport in Portugal on Thursday, but the protests against government austerity measures were… 23/03/2012
Portugal unions slam IMF, EU’s ‘poverty agenda’Thousands of protesters have taken to the streets of Lisbon to voice their opposition to government austerity policies. Unions organised the march in… 12/02/2012
Portugal’s president complains about his pension cutProtesters gathered outside Portugal’s presidential palace to donate money and food to the head of state after he complained about a drop in his pension due… 25/01/2012
Troika back Portugal reforms as violence flaresViolence flared on the streets of Lisbon as members of the right-wing Portuguese nationalist party clashed with supporters of the left wing, indignados… 21/01/2012
Merry crisis from PortugalCrisis hit European countries are doing their best to celebrate the festive season despite the cost-cutting. The streets of the Portuguese capital Lisbon are… 07/12/2011
Portugal passes austerity budget as recession deepensPortugal’s parliament has passed the 2012 budget bill as widely expected. But the final reading was marked by the main opposition Socialist party’s abstention… 30/11/2011
Portuguese anger at spending cutsPortugese workers held a general strike on Thursday, protesting against austerity measures imposed by the centre-right government to meet goals set by the… 25/11/2011
Portuguese unions stage general strike over cutsPortugal has been hit by its first general strike in twelve months. Many Portuguese workers oppose austerity measures imposed by the country’s new… 24/11/2011
Portuguese workers stage a strike against cutsA general strike which is expected to shut down public services and disrupt transport systems throughout Portugal began to bite from midnight. Trade Unions… 24/11/2011
IMF, EU approve more bailout loans for PortugalPortugal’s international lenders have given the green light for the country to receive its next instalment of bailout loans. Inspectors from the IMF, the… 16/11/2011
