News & Facts
Press Review: Troika to inspect new measures on Tuesday
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- Created on Tuesday, 07 May 2013 07:30
Troika Officials in Portugal from Tuesday to Evaluate New Measures The Wall Street Journal
Troika heading to Lisbon to pore over spending cuts Reuters
Unclear When Latest Troika Review of Portugal Program Will Be Done The Wall Street Journal
Bailout creditors to inspect Portugal’s new austerity plan after government cuts deeper The Washington Post
Troika return Tuesday after PM announces €4.8 bn cuts Lusa
Press Review: Portugal announces €4.8 billion cuts in public spending
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- Created on Monday, 06 May 2013 14:00
Portugal begins talks on further austerity measures Financial Times
Portugal Unveils Budget Cuts The Wall Street Journal
Portugal Plans to Reduce Number of State Workers, Review Wages Bloomberg
Portuguese to work longer under new spending cuts Reuters
Portugal to raise retirement age, lay off 30,000 amid effort to save $6.3B over 3 years The Washington Post
PM Passos Coelho announces cuts of €4.8 billion in public spending Lusa
Amending budget now expected late May
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- Created on Monday, 06 May 2013 13:55
Portugal’s junior budget minister, Luis Morais Sarmento, said Friday that the amending budget with the measures to compensate for this year’s budget deviation is to be presented by the end of the month. Lusa
Portugal's economic slowdown stronger than expected
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- Created on Monday, 06 May 2013 07:45
The EC forecasts for 2013 paint a bleaker picture for Portugal, with the economy expected to contract by 2.3% this year after a previous estimate of a 1.9% slowdown. Portugal Daily View
Italy, Portugal banks seen lifting their stock markets
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- Created on Monday, 06 May 2013 07:40
Shares in Italian and Portuguese banks could give their stock markets a lift in the coming weeks, with top analysts forecasting first-quarter earnings will beat consensus estimates. Reuters
Put the language working
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- Created on Monday, 06 May 2013 07:30
The Portuguese language not only has great economic potential but should drive a global Lusophone network, President Aníbal Cavaco Silva stated in a newspaper article published in the Sol weekly edition published in Portugal, Angola and Mozambique to commemorate Sunday’s Portuguese language and community day. Lusa
PM welcomes rate cut, calls for steps to banking union
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- Created on Friday, 03 May 2013 13:35
Portugal's prime minister, Pedro Passos Coelho, on Thursday welcomed the European Central Bank's decision to cut its benchmark lending rate, describing it as an important signal to help bring order to financial markets. Lusa
Industrial production rises while Eurozone contracts
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- Created on Friday, 03 May 2013 13:25
Portugal turned in a 0.1% increase in month on month industrial production in March even while the Eurozone contracted 0.2%, according to figures from Eurostat released Friday. Lusa
Lloyds boss wants EU growth policies; austerity 'not working
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- Created on Friday, 03 May 2013 13:20
The chief executive of Lloyds Banking Group, António Horta Osório, told a Portuguese audience on Thursday that Europe must implement policies to foster economic growth, given that austerity alone has been shown not to work. Lusa
Press Review: CGD insurers privatisation by end-year
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- Created on Friday, 03 May 2013 12:25
Government to sell Caixa insurers by end-year Lusa
Portugal kicks off CGD insurance arm privatisation Reuters
