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Portugal

A collection of news and information related to Portugal published by this site and its partners.

Top Portugal Articles

Displaying items 23-33
  • Portugal refuses to extradite American fugitive George Wright

     
    American fugitive George Wright has been freed by a Portugese court after it refused a U.S. request to extradite the convicted murderer to complete his 15- to 30-year sentence for the shooting death of a gas station employee during a robbery the day after...
  • Spain's center-right party defeats ruling Socialists in election

     
    Spain's ruling Socialists were ousted from power in elections Sunday. With 90% of the votes counted, the Popular Party had won 186 seats, a majority in the 350-member lower chamber of parliament, assuring that the center-right group will return to power...
  • Portugal, Belgium hit by rating cuts; Eurozone yields jump again

     
    With European government bond markets already in severe distress, the credit-rating companies keep delivering their equivalent of a blast of pepper spray. Bond yields surged again across Europe on Friday, one day after Fitch Ratings cut Portugal’s...
  • European markets end mixed on new debt-crisis plan

     
    European stock and bond markets showed a mixed reaction Friday to the European Union's new plan to bail out Greece and to backstop other financially struggling member countries....
  • Greece bailout: What 'selective bond default' means

     
    For Europe, the unthinkable now is reality: A euro zone country -- Greece -- is defaulting on its debt, as its bond investors are being asked to swap their securities for new ones with less appealing terms. The idea is......
  • Oporto's cheesy love affair

     
    For most people, the specialty of Oporto, the hard-charging capital of northern Portugal, is Port wine. In my book, though, it’s a shameless protein bomb called the francesinha, or “little French one.” There’s really nothing French...
  • European bond yields soar, stocks plummet on debt fears

     
    Europe’s debt debacle worsened Monday as market yields surged again on government bonds of the continent’s weakest economies. The latest jump in yields triggered another exodus from European stocks, driving many markets to new lows for 2011....
  • European markets plunge as debt crisis worsens; gold jumps [Updated]

     
    European financial markets crumbled Monday as government bond yields surged again in Spain and Italy, deepening fears that the continent's debt crisis had entered a far more dangerous phase. U.S. stocks also were broadly lower. Gold hit a record high........
  • Bond yields surge in Europe as 'contagion' fears spread

     
    Europe's debt crisis is going from bad to worse -- again. Investors dumped government bonds of Portugal, Ireland, Italy and Spain on Wednesday, driving market yields up sharply, after Moody’s Investors Service late Tuesday slashed Portugal’s...
  • Ireland's debt rating cut to junk by Moody's; euro slides

     
    Ireland's debt rating was cut to junk status Tuesday by Moody's Investors Service, dashing financial markets' hopes for a stretch of calm after the latest upheaval in Europe. Moody’s dropped Ireland to Ba1 from Baa3, citing a “growing...
  • European debt fears ease as bond yields pull back

     
    Investors hit the pause button on Europe’s debt crisis Tuesday: Yields on Italian and Spanish government bonds fell after surging the previous six sessions. Traders said the mood was helped by rumors that the European Central Bank was buying bonds.....