Portugal has announced plans to introduce a tax on salty foods to raise funds for health-related spending. Under the measure, foods with a salt concentration of one gram or ... Read More
The recommendation by the European Commission (EC) to end the Excessive Deficit Procedure (EDP) for Portugal underscores the strengthening in the country’s public finances following policy adjustments and an ... Read More
Former Portuguese Prime Minister Antonio Guterres has been officially appointed as the next UN secretary-general. He will become the world’s top diplomat on 1 January when Ban Ki-moon’s second ... Read More
Earlier this week, Spanish newspaper El Pais reported that Portugal’s largest bank, Caixa Geral de Depósitos (CGD), an institution that holds nearly one-third of all deposits in the country, ... Read More
Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties, and then trying to ... Read More
Consumers save time and money sending money with Xoom Vs. bank wires Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer provider, has expanded its service to include Austria, Belgium, Greece and Portugal. Xoom offers fast deposits and can ... Read More
Portuguese Finance Minister Maria Luis Albuquerque insisted in a German newspaper interview on Friday that Greece must fulfil the current conditions of its international bailout. “There is a framework ... Read More
It was a few months ago that Lisbon has exited an international bailout and now Portugal is planning to spend 4.9 billion euros in order to rescue Banco Espirito ... Read More
U.S. stock index futures fell sharply on Thursday as European shares tumbled on growth concerns after weak data out of Italy and concern over the health of Portugal’s top ... Read More
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