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Bruno Maçães, Secretary of State for European affairs for Portugal, says the European Central Bank has delivered on its commitment to help the euro zone economy but further structural reform is needed.
After more than a year of interest rates across Europe moving lower in lockstep, the last 24 hours show a breakdown.
The rebuilding of Portugal's Novo Banco - the successor to Banco Espirito Santo (BES) after a state rescue last month - was dealt a blow on Saturday.
Portugal bailed out Banco Espirito Santo (BES), its biggest bank. Get used to seeing this.
The $6.6 billion bailout of Portugal’s largest bank poses a warning on exposure to “fragile” emerging markets, analysts have cautioned.
They are going to split this bank up into two banks - the "good" bank and the "bad" bank, reports CNBC's Michelle Caruso-Cabrera on the rescue of Portugal's biggest bank.
Edward Hugh, independent economist, says that the Banco Espirito Santo bailout raises the question of whether a debt restructuring will be needed and who would be "carrying the can".
Antonio Barroso, senior vice president at Teneo Intelligence, and Steen Jakobsen, chief economist at Saxo Bank, discuss whether there is more trouble ahead for Portugal's banking sector.
Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis.
The Espirito Santo dynasty totters amid a financial scandal that's threatened to re-ignite Europe's financial crisis. Global Post reports.
Philippe Bodereau, global head of financial research at PIMCO, says the problems associated with Banco Espirito Santo do not threaten the financial stability of euro zone banks.
The euro has remained stubbornly strong amid a slew of obstacles, and some analysts said the European Central Bank has kept it higher.
Portugal's Espirito Santo International, holding company of Banco Espirito Santo, said it has filed for creditor protection.
Alberto Gallo, head of European macro credit research at RBS, discusses the financial difficulties the Espirito Santo family of companies is facing and says that it is not a systemic situation for Portugal.
Otto Dichtl, managing director at Stifel Nicolaus, comments on Portugal Telecom, as reports indicate that one of the holding companies of the Espirito Santo family, Rioforte, could fail to repay its debt.
Robert Hormats, Kissinger Associates vice chairman, shares his thoughts on the escalating violence in the Middle East, and weighs in on the challenges ahead for China, Brazil and Portugal.
CNBC's Michelle Caruso-Cabrera reports on the ripple effects of global unrest.
David Salanic, founder of Tortus Capital, discusses Portuguese government bonds and explains that they could go down 70 percent.
David Salanic, founder of Tortus Capital, explains that he's been short on Portugal for over a year and says that it will be "very difficult" for the country to cut its deficits further.
U.S. Treasury prices continued to rally on future Fed action and safe-haven demand stemming from worries about Portugal's biggest listed bank.