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Europe News Portugal

  • *Lisbon to sell 3 bn euros of 10- year bonds. Wrestling a bank crisis, a sluggish economy and reduced support from the European Central Bank, Lisbon is poised to sell three billion euros of a new 10- year bond on Wednesday after attracting demand of more than 8.5 billion euros. "If you look at how much issuance Portugal needs to do this year, and we're looking at around 16...

  • LONDON, Jan 11- Portuguese yields held near 11- month highs on Wednesday as the country prepared for its toughest bond sale in years, while an auction of safe-haven German debt was expected to be well supported by investors nervous about an upcoming Donald Trump press conference. Lisbon-- rocked by a persistent bank crisis, sluggish economy and reduced support...

  • *FTSE ends up 0.5 pct, STOXX up 0.1 pct. LONDON/ MILAN, Jan 10 (Reuters)- Britain's FTSE 100 blue-chip index hit fresh record highs on Tuesday, boosted by gains among retailers, while a rally in mining stocks more than offset weaker financials, helping European shares end slightly in positive territory. The pan-European STOXX 600 index inched up 0.1 percent, while the...

  • FRANKFURT, Dec 12- European Union competition regulators have whittled down their concerns about the merger of Deutsche Boerse and London Stock Exchange Group to focus mainly on clearing of derivatives contracts, two sources familiar with the situation said. The EU's executive European Commission, which must approve the merger for it to go ahead, is due to...

  • *Most lawmakers supported Britain staying in the European Union. LONDON, Dec 7- While the British government tries to prevent parliament from having to pass a law to trigger the country's exit from the European Union, Reuters research indicates the lower house would in fact support it, based on lawmakers' recent statements. The government is challenging that...

  • *Most lawmakers supported Britain staying in the European Union. LONDON, Dec 7- While the British government tries to prevent parliament voting on its plan to trigger the country's exit from the European Union, Reuters research indicates the lower house would in fact support its move, based on lawmakers' recent statements. The government is challenging that...

  • *Europe has more developers than United States. Europe is expected to hit $13.6 billion in tech investments in 2016, up from $12.6 billion in 2015 and almost five times levels five years ago, venture capital firm Atomico said in a report released at Slush, one of the region's biggest tech start-up conferences. Five of the world's top ten technical universities...

  • LISBON, Nov 22- When international creditors released Portugal from onerous loan conditions two years ago, they hailed the nation for some major reform achievements- not least, an overhaul of the judiciary. The International Monetary Fund applauded Lisbon for reforming a dysfunctional court system which had been a brake on the economy. And with the European...

  • LONDON, Nov 21- A global surplus of lead narrowed to 4,400 tonnes in September from a revised surplus of 8,900 tonnes in August, data from the Lisbon- based International Lead and Zinc Study Group showed on Monday. For the year to September, the market saw a surplus of 38,000 tonnes versus a deficit of 37,000 tonnes in the first nine months of last year.

  • LISBON, Nov 20- Chinese conglomerate Fosun has agreed to buy a 16.7 percent stake in Portugal's largest listed bank, Millennium bcp, for 174.6 million euros via a reserved capital increase and confirmed its intention of raising that stake to up to 30 percent. Under the terms of the deal, Fosun subscribed to the issue of 157,437,395 new BCP shares at a price of 1.1089...

  • FRANKFURT, Nov 14- Actions taken by bankers or bank shareholders to mitigate any potential conflict of interests will be taken into account by the European Central Bank when it is considering whether they are "fit and proper" to hold their positions. "What we... would like to see in the conflict of interest policy is that the candidate ensures that he will always act...

  • FRANKFURT, Nov 14- Actions taken by bankers or bank shareholders to mitigate any potential conflict of interests will be taken into account by the European Central Bank when it is considering whether they are "fit and proper" to hold their positions. "What we... would like to see in the conflict of interest policy is that the candidate ensures that he will always act...

  • FRANKFURT, Nov 14- Actions taken by bankers or bank shareholders to mitigate any potential conflict of interests will be taken into account by the European Central Bank when it is considering whether they are "fit and proper" to hold their positions. "What we... would like to see in the conflict of interest policy is that the candidate ensures that he will always act...

  • FRANKFURT, Nov 14- Actions taken by bankers or bank shareholders to mitigate any potential conflict of interests will be taken into account by the European Central Bank when it is considering whether they are "fit and proper" to hold their positions. "What we... would like to see in the conflict of interest policy is that the candidate ensures that he will always act...

  • LISBON, Nov 8- The most exciting part of the technology in driverless cars will be the one spent in the extra two hours drivers will gain per day when they no longer have to sit behind the wheel, the chief executive of Renault-Nissan said on Tuesday. Speaking to Reuters at the Web Summit being held this week in Lisbon, Carlos Ghosn said the extra two hours- the average...

  • Portugal has seen increase in tourism post-Brexit: Econ Min

    Portugal’s Minister of Economy, Manuel Caldeira Cabral talks about the Brexit aftermath and how it may – or may not – impact Portugal and trade.

  • Our recovery focuses on technology: Portugal Min

    Portugal’s Minister of Economy Manuel Caldeira Cabral talks about the state of Portugal’s economy, and how it’s recovering.

  • Portugal has strong startup ecosystem: Economy Min

    Portugal’s Minister of Economy Manuel Caldeira Cabral says it was a “great achievement” for Lisbon to secure 2016’s Web Summit event, while commenting on the country’s technological ecosystem.

  • We're only emigrating for a few years: Web Summit CEO

    Paddy Cosgrave, CEO and founder of Web Summit, talks about the event's move to Portugal from Ireland and the impact of the U.S. election on the world.

  • *But now Lisbon aims to copy Berlin's success. Already Lisbon has earned the right to host Europe's biggest tech conference, Web Summit, this month. Lisbon is a small speck in the universe of Europe's startup giants like London and Berlin, not least due to an acute shortage of venture capital in the Portuguese economy, which remains slow growing and heavily...