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  • *Madrid, Lisbon still possible face EU aid suspension. BRUSSELS, July 28- The European Commission's decision to spare Spain and Portugal fines over their excessive budget deficits signals a tentative effort to promote more expansionary economic policy in response to Britain's destabilizing vote to leave the European Union. Fiscal hawks in northern Europe...

  • LISBON, Portugal— Portuguese public health workers are staging a 48- hour strike to pressure the government into extending a new 35- hour week to more staff. The anti-austerity Socialist government that took power last year cut the working week for civil servants on collective contracts from 40 hours to 35 hours from July 1. They fear that reversing austerity...

  • BRUSSELS— The European Union's executive refrained Wednesday from calling for heavy fines against Spain and Portugal for breaching budget rules and sought instead to set "new fiscal paths" for the two countries. It gave both nations until Oct. 15 to find new measures to curb their budget deficits over the coming months and years, a deadline that could be tough for...

  • LISBON/ PARIS, July 13- Portugal has asked Europe's antitrust chief to take action to prevent a merged Deutsche Boerse and London Stock Exchange becoming so dominant that it would make access to finance more difficult. Portugal's objections raise pressure on the agreed $30 billion deal that has already been rocked by Britain's vote last month to leave the...

  • *Italy- Germany bond yield spread lowest in three weeks. *EU states back deficit procedure for Spain, Portugal. LONDON, July 12- Italian government borrowing costs narrowed the gap with benchmark Germany to the tightest level in three weeks on Tuesday, as Italy moved closer to a deal with the EU executive to safeguard its struggling banks.

  • *Rome aiming to approve bad loan guarantee next month. *EU states back deficit procedure for Spain, Portugal. LONDON, July 12- Italian government borrowing costs edged lower on Tuesday, narrowing the gap with benchmark Germany, as Rome moved closer to a deal to safeguard the country's struggling banks.

  • Brexit risk is long term: Amplify

    Piers Curran, head of trading at Amplify Trading, says Portuguese and Italian banks are high up on his list of casualties, when it comes to those who have suffered from the Brexit fallout.

  • Bruno Alves, Ricardo Quaresma, Pepe, Cristiano Ronaldo, Coupe Henri Delaunay, Joao Moutinho, Andre Gomes and Joao Mario celebrate winning the UEFA EURO 2016 final match between Portugal and France at the Stade de France in Paris.

    While Portugal's victory at Euro 2016 was a cause for celebration, its economy is less of a success story according to Barclays.

  • Portugal clinches first major soccer title

    The country beat France after scoring a goal in the 109th minute of the European championship game.

  • Portugal summed up competition as a whole: Football insider

    After Portugal won the UEFA Euro 2016 final this weekend, Dean Jones, football insider at Bleacher Report, talks about the team's spirit and how they won against France.

  • FRANKFURT/ LISBON, July 7- The ripples from Britain's decision to leave the European Union have spread across Europe to its southwestern edge, where Portugal is quietly struggling to contain a banking crisis. Since Britain's shock vote on June 23 for a "Brexit", attention in the banking sector has mainly focused on Italy, where non-performing loans are causing...

  • The European Commission began formal disciplinary procedures against Spain and Portugal on Thursday for their excessive deficits in 2014 and 2015.

  • FRANKFURT/ LISBON, July 7- The ripples from Britain's decision to leave the European Union have spread across Europe to its southwestern edge, where Portugal is quietly struggling to contain a banking crisis. Since Britain's shock vote on June 23 for a "Brexit", attention in the banking sector has mainly focused on Italy, where non-performing loans are causing...

  • BELGRADE- National Bank of Serbia announces interest rate decision- 1000 GMT. LISBON, Portugal- OECD Global Forum on Productivity: Structural Reforms for Productivity Growth. FRIDAY, JULY 8 LISBON, Portugal- OECD Secretary-General Angel Gurria and Portugal Finance Minister Mario Centeno to attend OECD Global Forum on Productivity: Structural Reforms for...

  • LONDON, July 1- The British offshore wind industry, already bruised by subsidy changes, faces uncertainty after Britain voted to leave the European Union, with investors worried about future government incentives, exchange rates and export duties. Businesses in many industries have reported that the result of the June 23 referendum has created uncertainty...

  • LONDON, June 29- Britain's FTSE 100 closed at its highest level since April on Wednesday, as a two-day rally recouped the losses it suffered after Britain voted to leave the European Union. Britain's FTSE 100 settled up 219.67 points, 3.6 percent higher, at 6,360.06 points. The gains lifted the FTSE above last Thursday's close of 6,338.10.

  • BRITAIN'S VOTE LEAVE CHIEF ELLIOTT SAYS NO NEED TO SWIFTLY INVOKE ARTICLE 50 OF LISBON TREATY ON WITHDRAWAL FROM THE EU.

  • *Political fallout will reach beyond Britain. LONDON, June 23- Britons were voting on Thursday to decide the future of their country and Europe in a referendum on European Union membership that has divided the nation and is being nervously watched by financial markets and politicians across the world. Prime Minister David Cameron called the vote under...

  • *Political fallout will reach beyond Britain. LONDON, June 23- Britons were voting on Thursday to decide the future of their country and Europe in a referendum on European Union membership that has divided the nation and is being nervously watched by financial markets and politicians across the world. Prime Minister David Cameron called the vote under...

  • *Political fallout will reach beyond Britain. LONDON, June 23- Britons will decide the future of their country and Europe on Thursday in a vote on European Union membership after a bitter campaign that appeared to divide the nation down the middle. Prime Minister David Cameron called the referendum under pressure from his ruling Conservative Party and an...