Portugal economy | GlobalPost

European Commission criticizes Portuguese ratings downgrade

News DeskJuly 6, 2011 08:56

The Commission questioned of the "appropriateness of behaviour" of international ratings agencies, which in addition to Moody's include Standard & Poor's and Fitch.

The euro zone's future hangs on Portuguese elections

Paul AmesJune 4, 2011 06:28

BRUSSELS — Fears of protracted political instability in Portugal would risk undermining market confidence in the country's ability to slash its budget deficit and reform labor markets.

Northern Europeans decry ongoing support for shaky southern Europe economies

Paul AmesMay 7, 2011 07:56

BRUSSELS — Some northern Europeans have had enough of shipping funds to what they regard as profligate peripheral partners.

Portugal becomes third euro country to get bailout

News DeskMay 4, 2011 01:07

Portugal has struck a deal for a €78 billion ($116 billion) package to rescue the country from its heaving debt, the government announced.

Portugal's unique economic mess

Paul AmesApril 26, 2011 06:04

LISBON — Portugal didn't share in its neighbors' boom before the 2008 bust left it facing painful austerity measures.

Portugal asks EU for bailout

Paul AmesApril 6, 2011 16:46

BRUSSELS — Plunging confidence in Portugal's bonds has pushed the country to the brink of bankruptcy.