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Europe News Portugal

  • FRANKFURT, Oct 17- It is time that authorities in Europe and the other rich parts of the world take the fight against financial bubbles "more seriously" or risk facing another financial crisis, the vice-president of the European Central Bank said on Tuesday. "Monetary policy, even when recalibrated, will continue to keep a very accommodative stance," Vitor...

  • **LONDON Bank of England Deputy Governor David Ramsden and Monetary Policy Committee member Silvana Tenreyro participates in Treasury Select Committee appointment hearings followed by Bank of England Governor Mark Carney. STOCKHOLM- Riksbank executive board meeting 1100 GMT. FRANKFURT- Opening speech by the ECB President Mario Draghi at the ECB...

  • LISBON, Portugal— Portuguese authorities say the wildfire death toll has risen to 32 with an infant's death and seven people are missing.

  • WASHINGTON, D.C.- Riksbank Governor Stefan Ingves, Deputy Governor Cecilia Skingsley and Deputy Governor Per Jansson will attend the Annual Meetings of the International Monetary Fund and the World Bank. WASHINGTON- ECB President Mario Draghi hold a news conference in Washington 1700 GMT. WASHINGTON- Participation by ECB board member Sabine Lautenschlager...

  • Table Mountain, Cape Town

    Some emerging markets haven't used global liquidity to sufficiently take care of debt and leverage, S&P Global Ratings said

  • Cafes serving American breakfast cereal have exploded in popularity in Europe as young entrepreneurs tap into both nostalgia and novelty among customers who'll pay between $3 and $9 a bowl. In the last two years, cafes have opened in London, Paris, Madrid, Barcelona, Lisbon, Berlin, Hamburg, Manchester and many other cities. At Pop Cereal Cafe in Lisbon, one of the...

  • Spain's Minister of Economy Luis de Guindos

    The ongoing political instability in Spain is raising eyebrows across the entire euro zone, Portugal's deputy finance minister told CNBC Monday.

  • *Fitch to review Portugal rating on Dec. 15. *Fitch upgrade would give Portugal another investment grade rank. After S&P Global on Sept. 15 lifted once bailed-out Portugal's rating one notch to BBB-, out of "junk" and into investment grade territory, investors are betting on further ratings upgrades that would allow Portugal to rejoin the big bond indexes.

  • LONDON/ LISBON, Sept 27- Major Novo Banco bondholder Pimco plans to support a restructuring deal at the state-rescued Portuguese lender in a vote this Friday, though the bank could still struggle to get the necessary backing, a source familiar with the matter said. The agreed sale of Novo Banco to U.S. fund Lone Star hinges on investors agreeing to sell back bonds at...

  • *Flying to Brazil and Seychelles in summer 2018. PARIS, Sept 25- Air France launched a lower-cost airline called Joon on Monday, taking its first small steps into the battle for more budget-conscious customers on long-haul routes. Low-cost travel between Europe and the Americas has taken off, with upstarts such as Norwegian Air Shuttle and Iceland's Wow Air...

  • *Flying to Brazil and Seychelles in summer 2018. It will then fly to Fortaleza in Brazil and the Seychelles from the end of March 2018. Single fares to the European cities will start from 39 euros, while fares to Brazil and the Seychelles will range from 249- 299 euros respectively.

  • Air France said on Monday that Joon would start off by flying to six destinations. Starting from December 1, Joon will fly to four cities in Europe- Barcelona, Berlin, Lisbon and Porto. It will then fly to Fortaleza in Brazil and the Seychelles in summer 2018..

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • *Expects 20 mln euros in pay-outs, 5 mln euros in lost fares. DUBLIN, Sept 18- Ryanair boss Michael O'Leary admitted on Monday to a "cock up" over pilot shortages that led him to cancel flights and disrupt the plans of hundreds of thousands of travellers in his bid to improve the budget airline's punctuality. The Irish airline said it was preparing for up to 20 million...

  • *Portugal returns to investment grade after 5 1/ 2 years. *S&P first of big three ratings firms to lift Portugal back. LONDON, Sept 18- Portugal's 10- year bond yield hit its lowest level since January 2016 on Monday, driven by the country regaining an investment- grade credit rating after 5 1/ 2 years, effectively drawing a line under its debt crisis.

  • *Portugal returns to investment grade after 5-1/ 2 years. *S&P 1st of big three ratings agencies to lift Portugal back. LONDON, Sept 18- Portugal's 10- year bond yield hit its lowest level since January 2016 on Monday, driven by the country regaining an investment grade credit rating after 5-1/ 2 years, effectively drawing a line under its debt crisis.

  • *Portugal returns to investment grade after 5-1/ 2 years. *S&P 1st of big three ratings agencies to lift Portugal back. LONDON, Sept 18- Portugal's 10- year bond tumbled to its lowest level since January 2016 on Monday after the country returned to an investment grade rating after 5-1/ 2 years.