Topic: Jose Socrates
Businessman Pedro Passos Coelho will lead a coalition government after voters handed the center-right a convincing victory. Portugal's bailout and austerity measures were central issues.
06/06/2011 01:09 pm
Portugal formally requested a bailout Thursday, which will likely come just in time for it to pay back debts that come due in June.
04/07/2011 06:48 pm
An EU bailout of Portugal now seems inevitable.But at some point, EU taxpayers are likely to tire of bailing out nations like Portugal, which seem unwilling to curb their spendthrift ways.
03/26/2011 10:33 am
This week, debt felled another European leader as Portugal's prime minister resigned. But the euro currency did not tumble. That's a sign that Europe is finally getting on top of its debt crisis.
03/25/2011 04:35 pm
The collapse of Portugal's government raised the likelihood of a bailout and set back efforts to beef up a financial rescue package for troubled European economies.
03/24/2011 06:44 pm
A Portugal bond sale today raised $1.6 billion for a country that many have expected will follow Ireland and Greece in receiving an economic bailout.
01/12/2011 02:44 pm
Amid budget cutbacks and a 'diminishing appetite' for war, Europe has turned increasingly to the 'soft power' assignments like training and institution-building.
12/03/2010 01:07 pm
In response to Europe's economic crisis, Spain and Portugal have announced austerity measures that reduce government spending and increase taxes, but Spain's plan puts more emphasis on reducing government spending.
05/17/2010 02:42 pm