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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 45-55
  • Fed worries about spillover from Europe's debt crisis to U.S. financial system

     
    So let’s say Greece or one of the other financially weakest countries in Europe were to default on its bonds. Would that hit the U.S. banking system? Federal Reserve Chairman Ben S. Bernanke was asked that question at his news......
  • Portugal gets its bailout; Greece remains the bigger worry

     
    Europe’s government debt crisis eased a bit Monday as euro-zone finance ministers approved a $111-billion bailout for Portugal. The deal, as expected, will provide the struggling country with loans over three years from European Union funds and from...
  • World markets sink on debt, growth fears; U.S. holds up better than most

     
    It's a brutal day for stock markets worldwide as Europe's debt crisis worsens and fresh data point to slowing growth in China. But the U.S. is looking better than most other markets, a sign that Wall Street is viewed as......
  • Portugal reaches bailout deal with European Union

     
    Portugal agreed to a deal with the European Union for a three-year bailout loan worth $115 billion, the country’s caretaker government said Tuesday. The agreement, which also will include financing from the International Monetary Fund, will make...
  • Portugal can't reach austerity-budget deal, may need EU bailout

     
    Europe may soon be funding another bailout, after Portugal’s government on Wednesday failed to get parliament’s support for an austerity plan to slash the country’s budget deficit. Prime Minister Jose Socrates resigned, as he said he...
  • Europe's debt crisis flares again as Irish bond yields rocket

     
    Even as the European Union moves this week to finalize its permanent financial rescue fund for struggling member nations, rumors that a government-controlled Irish bank would miss a bond payment stoked fresh fears in European debt markets Tuesday. The...
  • Eduardo Souto de Moura, Portuguese architect, wins 2011 Pritzker Prize

     
    Nobody can say Eduardo Souto de Moura is in Alvaro Siza's shadow any longer. Souto de Moura has won the 2011 Pritzker Prize. The 58-year-old Portuguese architect, who worked in Siza's office for several years as a young architect, is......
  • Portugal makes it official: It needs a bailout

     
    Debt-hobbled Portugal on Wednesday became the third European nation to request a bailout from the rest of the continent, after investors demanded ever-higher interest rates to fund the troubled country’s bonds. “I tried everything but we...
  • European debt fears ease after Portugal sells bonds

     
    Financially ailing Portugal on Wednesday successfully sold longer-term bonds, providing temporary relief to markets that had feared a worsening of Europe's government-debt crisis. Portugal was able to sell $778 million of 10-year bonds at an annualized...
  • Big tests loom for government bonds in Europe, U.S.

     
    Government bond sales in Europe and the U.S. in the next two days could tell a lot about the near-term direction of interest rates in both markets. Europe’s government-debt crisis may be reaching a new tipping point, after investors in......
  • Stocks rally as European worries ease and Fed sees 'moderate' U.S. growth

     
    U.S. stock indexes rose to new multi-year highs on Wednesday as Europe’s government-debt crisis eased and the Federal Reserve said the domestic economy “continued to expand moderately” at the end of 2010. The bulls still seem to be in control......