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LISBON, Oct 6- Reforms may be the biggest casualty of Portugal's general election, which has weakened the centre-right government and fortified the hard left. The ruling coalition of Prime Minister Pedro Passos Coelho won the biggest share of votes on Sunday, making him the first leader in Europe to be re-elected after imposing austerity policies to steer his...
President of National Association Young Entrepreneurs in Portugal Joao Rafael Koehler said 50,000 companies were created in Portugal last year
*Glencore, Arcelor lift mining sector; VW hits 5- yr low. *France outperforms as economic data beat expectations. MILAN, Oct 5- European shares rose on Monday as weak data in Europe and elsewhere reinforced expectations the broad monetary policy backdrop will remain equity-friendly, with Glencore and ArcelorMittal lifting the mining sector.
*Glencore rallies, Arcelor rises on Citi upgrade. LONDON/ MILAN, Oct 5- European shares rose sharply on Monday, with the French market outperforming after stronger-than-expected economic data, while Glencore and ArcelorMittal pushed up mining stocks and Volkswagen continued its slide. The economic data in France was today's surprise, "said Andrea Cuturi, chief...
*Paris outperforms after French PMI data. *Glencore rallies, Arcelor rises on Citi upgrade. LONDON, Oct 5- European shares rose on Monday, with Glencore and ArcelorMittal pushing up mining stocks and French economic data lifting the Paris stock market.
Nuno Rogeiro, political commentator and journalist, says the Portuguese socialist party could block policy from being passed.
The upgrade does not lead to automatic buying from rating-sensitive investors, but it provides more market-friendly news from southern Europe, along with Greek and Catalan election results and the growing likelihood of further European Central Bank stimulus. In Portugal, the ruling coalition led by Pedro Passos Coelho had around 38.5 percent of the vote.
Antonio Mexia, CEO of EDP, says the economic recovery in Portugal will be slow but consistent.
As Portugal's center-right governing coalition claims electoral victory, Stephan Morais, executive director of Caixa Capital, says Portuguese politics is ruled and constrained by Brussels.
Andrew Taylor, co-CEO at Juwai.com, discusses the rising trend of wealthy Chinese outbound real estate investments in the Mediterranean.
LISBON, Oct 4- Portugal's centre-right government on Sunday won an election that was a test of its tough austerity stance, but its failure to win a majority in parliament raises the prospect of political uncertainty. Prime Minister Pedro Passos Coelho would be the first leader in Europe to be re-elected after imposing hardships on voters under international...
LISBON, Oct 4- Portugal's centre-right government headed for victory in an election on Sunday that was a vote test of its tough austerity stance, but exit polls showed it was likely to lose its majority in parliament. If Prime Minister Pedro Passos Coelho retains power, it would be the first re-election of any of the leaders across Europe that imposed hardship on...
LISBON, Oct 4- Portugal's centre-right government headed for victory in a election on Sunday after launching tough austerity measures to combat a debt crisis, but exit polls showed it could lose its majority in parliament. "In the name of the coalition we are here to affirm that all the projections that are known point to a clear fact that the coalition Portugal...
By Axel Bugge and Andrei Khalip. The general election is the first since Portugal exited an international bailout last year. Minority government has a dismal history in Portugal and many worry it could endanger Portugal's fledgling economic recovery.
*Lisbon bourse up 2.1 pct before weekend election. LONDON, Oct 2- European shares closed higher on Friday, as firmer utility stocks and gains on the Lisbon bourse before weekend elections in Portugal propped up markets in spite of weak U.S. jobs data. Consultinvest fund manager Enrico Vaccari said European equities would remain supported by economic stimulus...
Rui Tavares of Portugal's LIVRE Party discusses possible outcomes of Sunday's national election and why he thinks Portugal needs change.
Ahead of Portugal's elections, Miguel Frasquilho, President of Trade & Investment Agency, talks business and investment responses.
Paulo Fernandes, CEO of ALTRI, says as the key political groups are “pro-European” therefore business may not be heavily impacted.
Portugal’s Secretary of State for the Economy Leonardo Mathias says he’s confident voters will support the government for another four years.
Paul Schelfhout, president of Finangeste, comments on how the Portugal election may pan out for investors.