Article | May 20, 2012 - 10:16pm
The Consumer Price Index (CPI) recorded an annual rate of change of 3.0% in April 2012. Excluding energy and unprocessed food, the annual rate was 1.7%.
Article | May 10, 2012 - 12:32pm
More than 60% of Europeans believed that corruption was widely spread in the business of their countries in 2011 says a recent study conducted by Gallup International.
Article | May 6, 2012 - 10:56pm
The Portuguese government is expecting to see growth in the economy next year and achieve about 2.5% growth by 2016. However this year the economy is expected to show contraction of about 3.3%.
Article | May 2, 2012 - 5:45pm
Compared to the US and Japan, it seems that Europe lags behind in offering job security and perspective for its population and young people in particular.
Article | April 29, 2012 - 9:58pm
Data from the Portuguese central bank last week showed the country’s current account deficit decreased significantly in the first two months of this year.
Article | April 25, 2012 - 10:38pm
Article | April 18, 2012 - 10:27am
The National Geographic Traveler magazine announced its seventh annual "50 Tours of a Lifetime" ranking which categorises the best cultural destinations around the world. Bulgaria, France and Italy are in the top five of the European countries.
Article | April 8, 2012 - 9:37pm
The company which is responsible for oil and gas exploration and production activities of Portugal’s Galp Energia in Brazil, Petrogal Brasil, recently sold off a 30% stake to Chinese oil group Sinopec, local reports revealed last week after completion of the transaction.
Article | April 4, 2012 - 3:40pm
Capital markets and European Commissioner Ollie Rehn aired similar warnings today, Wednesday 4 April over the Eurozone’s sovereign debt problem.
Article | March 27, 2012 - 1:17pm
On 27 March, the European Commission authorised the restructuring of Banco Portugues de Negócios (BPN), which has been the beneficiary of state aid since its nationalisation in 2008.
Article | March 22, 2012 - 2:00pm
Portugal is posing new problems for the European single money zone in heading the way of Greece – despite the tiny size of its economy in comparison to the Eurozone, the announcement by the Lisbon government that the country had suffered a tripling of its budget deficit during the first two months of 2012 was not the best news for...
Article | March 13, 2012 - 12:01pm
Despite the fact that the Greek deal received the official green light from the EU council of the 17 Eurozone finance ministers the Eurogroup on 12 March, the 21 new Greek bonds that replaced the 80 old debt titles performed very poorly during their first day in the secondary market.