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  • ROME, Feb 15- Italy's public finance difficulties are set to deepen as its economy weakens, and it may be punished by the markets even if Prime Minister Matteo Renzi reaches a compromise with the European Commission over this year's budget. Tax revenues may also disappoint, making it less likely Italy can bring down its huge debt for the first time in eight years as...

  • *Size and pattern of market moves make some fear third crisis. *Investors pick on Portugal as euro zone weak link. LONDON, Feb 12- Don't panic yet, but the financial market upheaval in recent days is worryingly reminiscent of when the 2008-2009 global financial crisis and the 2011-2012 euro zone debt crisis were in their early stages.

  • Portugal fin min: Must maintain positive market perception

    Mario Centeno, Portugal's finance minister, says his country needs to communicate its commitment to fiscal consolidation.

  • LISBON, Feb 10- Portugal's new Socialist government will be rigorous in controlling the budget to ensure financing for the economy, aware of recent jumps in bond yields, Finance Minister Mario Centeno said on Wednesday. Portugal's 10- year bond yields hit their highest since October 2014 on Tuesday although they retreated slightly on Wednesday to around 3.52...

  • Porto, Portugal.

    Portugal's budget for 2016 was judged to be "at risk of non-compliance" with European Union rules.

  • A Spanish Guardia Civil boat patrol the water.

    In an age of terror, its high time that global leaders get this unregulated industry under control, says Ami Daniel.

  • *France, Italy, Spain, Portugal at odds with EU commitments. BRUSSELS, Feb 4- Almost half of euro zone countries are facing a clash over EU deficit reduction rules unless they change policies, European Commission forecasts showed, posing a challenge to EU laws that set limits on spending to protect the value of the euro. Governments also argue that they need to spend...

  • SHANGHAI, Jan 25- As a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe. "The yuan will keep depreciating as time goes by, so we should swap the money we have in hand into tangible assets," Li...

  • SHANGHAI, Jan 25- As a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe. "The yuan will keep depreciating as time goes by, so we should swap the money we have in hand into tangible assets," Li...

  • Portuguese Flag waves in sight of the 25 de Abril Bridge in Lisbon, Portugal.

    Portugal's presidential election this weekend will not bring any shock results, the country's economy minister says.

  • Portugal’s financial system is improving: Econ. min

    Portugal has no connection to Italian banks, says Portugal’s economy minister, Manuel Caldeira Cabral, following the news of a recent ECB investigation into euro zone banks.

  • There’s investor confidence in Portugal: Econ. min

    Portugal’s economy minister, Manuel Caldeira Cabral discusses the country’s budget for 2016 adding that Portugal’s growth is increasing and will do throughout 2016.

  • Brussels has on various occasions urged Portugal to come up with a draft as soon as possible after Lisbon missed a mid-October deadline due to an election. Portugal exited a bailout in 2014 after austerity and reform measures and the economic recovery that started then accelerated in 2015. Samuel da Rocha Lopes, professor at Nova University's business and...

  • Greek Prime Minister Alexis Tsipras

    CNBC looks at the elections in 2015 that marked substantial upsets and led to seismic changes on the global political map.

  • SAO PAULO, Dec 21- Banco Itaú BBA International SA, the London- based wholesale and investment-banking arm of Itaú Unibanco Holding SA, appointed Renato Lulia as chief executive officer on Monday, as Latin America's largest lender by market value strengthens ties with European and Asian investors. Lulia, an Itaú executive for 14 years, replaces Charles...

  • Portugal’s tourism in one of best periods

    Turismo de Portugal President, Joao Cotrim de Figueiredo, says financing has been available for Portugal’s tourism as its projects prove profitable.

  • SAO PAULO, Dec 2- Grupo BTG Pactual SA's sale of a 12 percent stake in Brazilian hospital chain Rede D'Or São Luiz SA marks the first of many divestments that will help the bank exit market segments other than banking, Chairman Persio Arida told Reuters on Wednesday. The efforts include selling the bank's stake in Recovery do Brasil SA, Latin America's largest...

  • A musician plays a flute sitting on the footpath next to New York Stock Exchange (NYSE) building in New York.

    Inequality within developed nations is often increasing. Here are the most unequal OECD economies according to Morgan Stanley.

  • Portugal named Antonio Costa as prime minister on Tuesday, leading to the country's first Socialist government to be backed by the far left.

  • LONDON, Nov 11- Portuguese government bond yields reversed early rises on Wednesday as the prospect of additional stimulus from the European Central Bank trumped concerns over political uncertainty in Lisbon. Benchmark 10- year yields in Portugal rose more than 5 basis points in early trade before reversing track to trade 3 bps lower at 2.76 percent.