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Troika inspectors gear up for Portugal bailout review
Reuters
Inspection to last around 2 weeks * Labour reform pact clinched recently * Energy market liberalisation approved * Portugal at risk of needing a second bailout LISBON, Feb 9 (Reuters) - Debt-ridden Portugal's international lenders will next week begin ...and more » Portugal Caps Public Sector Managers' Pay as It Cuts Spending
Bloomberg
These companies include state-owned bank Caixa Geral de Depositos SA, airline TAP SGPS SA (TAP), postal operator CTT-Correios de Portugal and broadcaster Radio e Televisao de Portugal SA. The government wants to ensure these companies will maintain ...
euronewsPortugal'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 ...and more » 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 ...and more » 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 ...
USA TODAYPortugal 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 ...and more »
