Madeira is know for its molasses, or mel-de-cana. Now the regional government has created certification stamp for real Madeira molasses – and products made with it; including molasses cakes (bolo de mel) and molasses snaps (broas de mel).
Portugal's Trade Deficit Narrows On Year In Dec To EUR1.04B Wall Street Journal LISBON (Dow Jones)--Portugal's trade deficit continued to narrow in December on a sharp drop in imports and a small rise in exports, the country's statistics agency said Thursday. Exports climbed 4.4% compared with December 2010, while imports fell ...
Portugal's BCP Extends Gain as New CEO Prompts Short-Sellers to Exit Trade Bloomberg Banco Comercial Portugues SA (BCP) rose 5.1 percent in Lisbon trading on speculation the planned leadership change at Portugal's second-biggest bank is prompting investors to exit trades betting on a decline. Banco Comercial said on Jan.
Portugal union leader wants debt renegotiation Reuters By Axel Bugge and Daniel Alvarenga | LISBON (Reuters) - Portugal must renegotiate its debts rather than impose harsh austerity measures to overcome its economic crisis, the head of the country's largest trade union said on Wednesday, threatening to ...
Portugal's Debt Plan 'Is on Track' Wall Street Journal By GEOFFREY T. SMITH LONDON—Portugal is making good progress in its fiscal and economic adjustment programs, and will continue to do so, the head of the European Union's main bailout vehicle said Tuesday. "Portugal is on track, but the markets are not ...
Portugal sell-off still has juicy bits: advisor Reuters By Sergio Goncalves | LISBON (Reuters) - Portugal's state sell-off plan still has companies that are likely to lure investors, after the successful sale of stakes in two major firms which defied the impact of the debt crisis, an advisor to the process ...
Portugal households' bad loans up 15 pct in 2011, still tame Reuters The country's banks failed to collect payments on 4.58 billion euros ($6.1 billion) in loans to households last year, a 15 percent increase on 2010, according to Bank of Portugal data . Those non-performing loans accounted for 3.2 percent of total ...
Portugal banks' ECB borrowing inches up in January Reuters LISBON Feb 7 (Reuters) - Portuguese banks' borrowing from the European Central Bank rose one percent in January as lenders in the bailed-out nation remained largely unable to borrow from banks elsewhere and new concerns about Portugal hit its bonds.