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Europe News Portugal

  • Retirement couple on beach surfing

    More and more, retirees are heading overseas to spend their golden years. CNBC.com shares International Living's top picks.

  • LISBON, March 1- An about-turn in investment- which rose 5 percent in the fourth quarter after a long slide- pushed Portugal's economy to its highest year-on-year growth since mid-2010 at the end of last year, official data showed on Wednesday. Between 2011 and 2014, Portugal was part of a European Union/International Monetary Fund bailout program, which it...

  • LISBON, Feb 24- Portugal is set to exit the EU excessive deficit procedure if the European Commission confirms its latest forecasts for this year and next in a new assessment in the spring, a top EU official said on Friday. The commission's latest forecast pointed to a 2.3 percent deficit but "in any case, Portugal has outperformed on the target set by the Council" in...

  • Feb 15- Pan-European exchange Euronext may still buy a clearing house for derivatives if its planned purchase of LCH SA, which it uses, from London Stock Exchange falls through. Euronext has agreed to buy Paris- based LCH SA for 510 million euros, but the deal can only go ahead if LSE Group succeeds in merging with Deutsche Boerse, a tie-up regulators will rule on by...

  • *Lisbon to sell 3 bln 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...

  • *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...

  • 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.

  • No clear route for getting rid of NPLs: DBRS

    Elisabeth Rudman, head of European financial institutions group at DBRS, says the challenge in Europe and for the Portuguese banks is raising additional capital.

  • Portuguese investors breathed a sigh of relief that the country's credit rating had not been slashed to junk status as bond yields slip lower.

  • Mario Draghi, president of the European Central Bank, discusses the effect of monetary policy on inequality, as well as Portugal's economic situation.

  • Will Portugal's credit rating be downgraded?

    Ricardo Mourinho Félix, Portugal's treasury secretary, says his country's credit rating outlook is unlikely to change due to financials stability.