Press Review – S&P says €4bn cuts could put Portugal’s social stability at stake
Sol «Troika delays departure», reports weekly newspaper Sol, as officials from the international bailout institutions, who were in Lisbon to carry out the seventh quarterly review of Portugal’s...
View ArticlePress Review – Barroso defends more time for Portugal to cut deficit
Over the weekend Expresso «Barroso supports more time to cut deficit», wrote Expresso on Saturday, as the President of the European Commission José Manuel Barroso told the weekly newspaper he felt...
View ArticlePress Review – 7 Portuguese construction workers stabbed in Berlin
Público «Troika gives Portugal one more year to reduce deficit», reveals Público, as the country will be given until 2015 to meet its deficit target below 3% of GDP. According to the daily, this...
View ArticlePress Review – Barclays’ new CEO in London made complaint about Portuguese banks
Público «Exports recover but fall in prices threatens economy», reveals Público, as foreign sales rose 5.6% in January, while inflation fell below zero. The daily newspaper also reports that «Barclays...
View ArticlePress Review – PSD and CDS admit political crisis if high court slams budget
Over the weekend Expresso «Troika blames government for failure of policies», wrote Expresso on Saturday, after Minister of Finance Vítor Gaspar presented the conclusions of the international lenders’...
View ArticlePress Review – Minister of finance backtracks on €4bn cuts
Público «”No” to bailout leaves Cyprus on brink of bankruptcy», reveals Público, following a vote in Cyprus concerning the plan to tax bank deposits, which caused markets to react nervously across the...
View ArticlePress Review – Government changes discourse to halt political crisis
Over the weekend Expresso «Government changes discourse to halt political crisis», wrote weekly Expresso on Saturday, revealing how the coalition government has been obliged to change its strategy...
View ArticlePress review – Next troika tranche depends on cuts of €5.6bn
Público «Regulator wants to end private healthcare in public hospitals», reveals Público, as the Portuguese Health Regulating Authority has called for the government to put an end to private practice...
View ArticlePress Review – Brussels concerned with political cohesion in Constitutional...
Público «Cuts increase risk of economy stagnating in 2014», reveals Público, as the Bank of Portugal projected a 2.3% contraction in the economy for this year and calculated the impact of the €2.5m...
View ArticlePress Review – PM admits resigning if Constitutional Court rules against budget
Visão «How cancer will be cured», is the lead story in news magazine Visão, revealing how for the first time researchers believe to have come up with the right formula, with millions to carry out...
View ArticlePress Review – Russians boost market for luxury homes
Over the weekend Expresso «Sócrates’ comeback was brilliant», wrote weekly Expresso on Saturday, quoting Socialist elder statesman Mário Soares, after former Prime Minister José Sócrates gave...
View ArticlePress Review – Towns “cut off” as floods worsen
Público «Bad weather: Waiting for the rivers to give back the roads», reveals Público, after severe flooding cut off several roads in the north and centre of Portugal, with the district of Santarém the...
View ArticlePress Review – Former TV presenter involved in child abuse scandal returns to...
Público «Call centres, data centres and air registrations to save Lajes Air Base», reveals Público, as the US is getting ready to reduce its personnel in the air force base it leases from Portugal in...
View ArticlePress Review – Former owners of BPN bank flourishing, despite €1.3bn debt load
Visão «Former owners of BPN bank in millionaire business», is the cover story in this week’s Visão, as the Sociedade Lusa de Negócios (SLN), former owner of BPN bank, is bathing in success in national...
View ArticlePress Review – Constitutional Court to announce decision on state budget today
Sol «José Sócrates loses 263 cheques», reports weekly Sol, after 1,300 blank cheques belonging to the former prime minister’s family were found in an estate in the Ribatejo region, with 263 of those...
View ArticlePress Review – Government will not increase taxes further
Over the weekend Expresso «Constitutional Court went beyond government’s worst-case scenario», wrote weekly Expresso on Saturday, as the government was reportedly “shocked” with the high court’s...
View ArticlePress Review – Portugal gets ready for “emergency” troika visit
Público «Troika returns to Portugal next week for emergency visit», reveals Público, as the international lenders’ disbursement process has been suspended until Portugal comes up with alternatives...
View ArticlePress Review – Gaspar “freezes” state expenditure
Público «Gaspar freezes state», reveals Público, as Minister of Finance Vítor Gaspar issues instructions prohibiting public services and ministries from carrying out any new spending, after the...
View ArticlePress Review – Ministry of Finance flooded with spending requests
Visão «Working with Cavaco», is the cover story in this week’s Visão, after Prime Minister Passos Coelho had to seek help from President Cavaco Silva, following the worst week the coalition government...
View ArticlePress Review – Troika warns slim chances of Portugal returning to markets
Sol «PM delays reshuffle», reports weekly Sol, as Prime Minister Passos Coelho has been busy with the negotiations between the government and the so-called troika of interational lenders, following the...
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