European Commission: President Barroso not ruling out another term
European Commission President José Manuel Barroso, a former prime minister of Portugal who is often cited in his homeland as a potential future candidate for president of the republic, said on Thursday...
View ArticleBailout: Troika assessment affected by court decision
The European Commission (EC) reiterated Monday that the results of the 7th troika assessment depended on the measures the Portuguese government will adopt to get round the Constitutional Court’s...
View ArticlePresident: International media sent out wrong message on court decision
The international press sent out the wrong message regarding the Constitutional Court’s decision to declare four articles from the state budget unconstitutional, Portuguese President Cavaco Silva said...
View ArticleEuropean Commission: Portugal’s economic slowdown stronger than expected
Portugal’s economic slowdown is stronger than expected, according to highly anticipated forecasts published on Friday by the European Commission. Last February, the European Commission had forecast the...
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Budget: EC recommends an extra year to cut deficit
Olli Rehn, European Commissioner for Economic and Monetary Affairs presents the 2013 country-specific recommendations (Photograph: Olivier Oslet/EPA) The European Commission on Wednesday formally...
View ArticlePresident: Portugal needs sign that it can benefit from ECB
President Cavaco Silva said in Brussels on Thursday that the European Central Bank (ECB) needs to send out a “sign” that Portugal can benefit from the institution’s interventions in the secondary debt...
View ArticlePrivatisations: Brussels gives ANA airport sale the all-clear
The European Commission declared that the privatisation process of Portugal’s airport operator ANA was ‘open and transparent,’ according to a statement released Wednesday. The Commission had already...
View ArticlePress Review – EU Comissioner not fazed by new Lisbon finance appointment
Público «Portuguese finance minister resigns over lack of conditions to negotiate with troika», reports Público, as Vítor Gaspar, handed in a written resignation letter to the Prime Minister, Pedro...
View ArticleBailout: Brussels denies negotiations for further financial aid
The European Commission refuted Monday negotiations with Portuguese officials aiming at further financial aid, saying it will assess a possible assistance for Portugal to return to the financial...
View ArticleEuropean Union: EC gives green-light to bank restructuring
The European Commission (EC) announced on Wednesday that the plans to restructure the Portuguese state-owned Caixa Geral de Depósitos (CGD) bank and two private banks in the country, Banco Português de...
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