PORTUGAL

More news
Inflationary Pressures Easing

Retail Sales, Manufacturing And Trifecta Of Inflation Data: Economic Events For June 11-15

This week's data releases could reignite hopes that the Federal Reserve will soon provide more policy stimulus. May's producer price index and consumer price index should show that inflationary pressures are easing, with the latter falling below the Fed's 2 percent target rate. Retail sales and industrial production figures for May are likely to come in on the soft side, as well.
Hang Seng Index

Chinese Shares Surge On Spain Aid Deal

Stock markets in China and Hong Kong gained Monday as sentiment was buoyed on news that the euro zone will provide financial assistance to help Spain's troubled banks.
Rajoy

Spain's Prime Minister: 'This Year Is Going To Be A Bad One'

Spain's prime minister said Sunday that despite financial assistance of as much as ?100 billion ($125 billion) for the country's ailing financials sector, the euro zone's fourth-largest economy will continue to suffer from high unemployment and shrinking gross domestic product.
Rajoy

Spain Becomes Fourth Bailed-Out Country In 17-Nation Euro Zone

Spanish officials appeared hesitant to recognize the reality of their country's situation on Saturday as the nation agreed to accept as much as ?100 billion ($125 billion) in a bailout of its cash-strapped financials sector by one or both of the euro zone's rescue funds.
IBTimes Logo

The Rain in Spain

Not wanting to leave markets complacent going into the weekend, troubling headlines continue to hit the wires from the common-currency bloc overseas.
The Bank of Italy building is seen downtown Milan

Italian Banks Primed To Blow Up

Italian banks appear close to joining Spanish banks as the euro zone's latest contribution to the financial world's endangered species list.
IBTimes Logo

Spain Plans High-Stakes Bond Sale

Spain will attempt Thursday to sell as much as 2 billion euros ($2.5 billion) of bonds at interest rates expected to be dangerously high.
IBTimes Logo

Spain Says Markets Are Closing To It As G7 Confers

Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies were to hold emergency talks on the currency bloc's worsening debt crisis.
IBTimes Logo

G7 To Hold Emergency Talks Tuesday; Spain Top Concern

Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.