World news about “Portuguese economy” published by euronews.
Icy reaction to new round of Portuguese austerity The Portuguese press has digested the further spending cuts announced yesterday by the government, and for some, playing on the prime minister’s name, Passos… 04/05/2013
Portugal austerity ruling to put more pressure on basic services Portugal’s government has said it has to look at further ways to cut spending to meet targets imposed by the EU and the IMF as part of its bailout package… 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
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 dip There was good news for Portugal on the borrowing front on Wednesday. Despite big anti-austerity protests there last weekend, investors were keen to buy… 19/09/2012
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
Portugal makes steady progress says EU/IMF The EU and IMF have given Portugal flying colours after their fourth quarterly review of the country’s 78 billion-euro bailout. The finance ministry said… 04/06/2012
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
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
Greek deal helps Italy, Spain and Portugal’s borrowing costs In terms of sales of government bonds, Italy and Spain benefited from Greece securing its new bailout. The amount of interest Rome and Madrid had to offer… 21/02/2012
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
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’s highest court to consider 2013 budgetThe Portuguese president has asked the country’s top court to decide whether the controversial 2013 budget is legal. The budget came into effect on Tuesday… 02/01/2013
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
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 raises income tax to cut debt in new austerity movePublic anger in Portugal is likely to go up another notch after the government announced a steep rise in income tax to reduce the country’s debt… 03/10/2012
Portugal given more time to hit troika targetsPortugal’s foreign lenders who granted the country a 78 billion euro bailout last year have agreed to ease their budget targets as Portugal slides deeper into… 12/09/2012
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
Medics in Portugal strike over spending cutsDoctors and nurses in Portugal went on strike on Wednesday in protest at government spending cuts. Unions called for the two-day walkout over plans to slash… 11/07/2012
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
