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Chinese Buying Property for Portugal Visas Get Burned
While the ads offer a chance at securing a so-called golden visa to live in Portugal in exchange for property investments of at least 500,000 euros ($559,000), they leave out the golden rule of such purchases: never rush into a deal. The haste with which some Chinese buyers have acquired their piece of Portugal has left them feeling cheated once they realize they might have struck better deals ...
Tue, 03 Mar 2015 04:57:11 -0800

Greek PM accuses Spain, Portugal of anti-Athens "axis"
Greece's leftist Prime Minister Alexis Tsipras accused Spain and Portugal on Saturday of leading a conservative conspiracy to topple his anti-austerity government, saying they feared their own radical forces before elections this year. Tsipras also rejected criticism that Athens had staged a climbdown to secure an extension of its financial lifeline from the euro zone, saying anger among German ...
Sat, 28 Feb 2015 05:26:26 -0800

Isabel dos Santos proposes Millennium, BPI merger
By Sergio Goncalves LISBON (Reuters) - Angolan investor Isabel dos Santos has proposed a merger between Portugal's largest listed banks Millennium bcp and Banco BPI, a source with knowledge of the proposal said on Tuesday. Dos Santos, Africa's richest woman and the daughter of Angola's president, has sent a letter to the chief executives of Spain's Caixabank, Millennium and BPI detailing her ...
Tue, 03 Mar 2015 04:22:22 -0800

Portugal's economy returns to growth in 2014
Portugal's economy returned to growth in 2014 with an expansion of 0.9 percent, after contracting by 1.4 percent the year before, the country's national statistics office Ine said Friday. It was the first full-year of economic growth in Portugal since 2010. Prime Minister Pedro Passos Coelho's centre-right government, which faces a year-end general election, and the European Commission had ...
Fri, 27 Feb 2015 06:25:46 -0800

Germany calls Greek conspiracy remarks 'foul play', Commission mediating
The European Commission said it was seeking to maintain EU unity after Greece accused Spain and Portugal of conspiring against it, triggering complaints from Madrid and Lisbon and a charge of "foul play" from Berlin. Greek Prime Minister Alexis Tsipras accused Spain and Portugal of leading a conservative conspiracy to topple his anti-austerity government because they feared the rise of the left ...
Mon, 02 Mar 2015 06:56:00 -0800

Portugal PM upbeat on re-election chances, poll shows close race
By Andrei Khalip LISBON (Reuters) - Portugal's prime minister said he was confident his centre-right ruling coalition could win a parliament majority in the autumn election as a new poll showed it closing in on the main opposition Socialists. "It would be natural for our two parties to govern again together," Pedro Passos Coelho said in an interview published on Saturday in the Expresso ...
Sat, 28 Feb 2015 06:41:36 -0800

Tello nets 3, Porto beats Sporting 3-0 in Portugal
LISBON, Portugal (AP) — Cristian Tello scored a hat trick to give FC Porto a 3-0 win over Sporting Lisbon at home and keep it in the Portuguese league title race on Sunday.
Sun, 01 Mar 2015 15:24:44 -0800

Leftist party says Portugal next target if Greece exits euro
Portugal's debt will be the next target of speculators if European countries push Greece out of the euro with their demands for more austerity, the leader of Portugal's Left Bloc party said. Catarina Martins also predicted the collapse of the euro if Greece exits. The speculation will be super strong and Portugal will be the weakest country, extraordinarily vulnerable to speculative pressure ...
Thu, 19 Feb 2015 08:03:43 -0800

Cesarean section rates in Portugal decline by 10 percent
A new study reports a significant decline in the rate of cesarean section (C-section) births in Portugal. Findings indicate a 10 percent reduction in overall C-section rates between 2009 and 2014, with a 14 percent reduction in state-hospitals during the same time period.
Mon, 02 Mar 2015 04:49:39 -0800

GRAPHIC-Portugal may be the big winner of ECB bond-buying
Portugal's government debt market is likely to benefit more than any other in the euro zone from the European Central Bank's bond-buying programme that starts next month. While Portugal's total debt is one of the highest in the bloc, having been bailed out by the International Monetary Fund and the European Union during the debt crisis, its stock of marketable bonds is relatively small. UBS ...
Tue, 24 Feb 2015 04:04:56 -0800

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