Topic: Pedro Passos Coelho
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Photos of the Day: Photos of the Day 06/30
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Photos of the Day: Photos of the Day 06/03
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Portugal adds an hour to public employees workday as part of budget cuts
In order to meet its bailout targets, Portugal will raise the retirement age by one year to 66 and increase the workday for public employees by an extra hour. The measures will save roughly 4.8 billion euros.
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More pain for Portugal? High court ruling threatens 2013 budget, recovery
Portugal's Constitutional Court ruled Friday that a fifth of the government's planned budget cuts were unconstitutional, in part because they were discriminatory and retroactive.
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Portugal spats jeopardize economic improvement in Europe's shaky south
The prime minister's recent threat to resign has raised worries that Portuguese politicians may be engaging in brinksmanship tactics that could endanger the fragile economy.
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Anti-austerity strikes spread across Europe, lead to arrests, canceled flights
Arrests, and canceled flights are seen across Europe on Wednesday as millions of workers went on strike to protest against spending cuts they say have made the economic crisis worse.
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Reverse brain drain pulls Brazilians home, and Europeans with them
Reverse brain drain means twofold "brain gain" for Brazil as the global recession pulls native Brazilians home and, with them, a wave of European migrants leaving their austerity stricken homelands.
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Photos of the Day: Photos of the Day 06/30
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Voters move Portugal to the right amid economic frustrations
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.
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Photos of the Day: Photos of the Day 06/03
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