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Portugal lawmakers clear new austerity budget

Portugal's parliament adopted Friday a revised budget aiming to keep its finances on track as part of its international bailout after the country's top court rejected several measures in the initial plan. "This revised budget includes measures which will permit us to respect the target of a public deficit of 5.5 percent of GDP at the end of the year," Finance Minister Vitor Gaspar. The budget passed easily thanks to the solid majority the centre-right government holds in parliament, with opposition parties voting against.

Portugal central banker says banks ready to fund recovery

By Sergio Goncalves LISBON (Reuters) - Portuguese banks are more ready to finance the country's recession-hit economy after improving their solvency and liquidity but still have high levels of bad loans, Bank of Portugal Governor Carlos Costa said on Thursday. Costa, who is also a European Central Bank Governing Council member, told a conference hosted by Reuters and local TSF radio that higher capital requirements for banks are helping to reinforce their overall stability.

Football: Portuguese league results

Portuguese league results on Sunday, the final day of the 2012-2013 season: Vitoria Setubal 0 Sporting Braga 1 Nacional 2 Academica Coimbra 1 Beira Mar 1 Sporting Lisbon 4 Olhanense 0 Maritimo Funchal 0 Vitoria Guimaraes 0 Rio Ave 1 Benfica 3 Moreirense 1 Gil Vicente 1 Estoril 3 Paços de Ferreira 0 FC Porto 2 afp

Football: Portuguese league table

Portuguese league table on Sunday, the final day of the 2012-2013 season (played, won, drawn, lost, goals for, goals against, points): FC Porto 30 24 6 0 70 14 78 - champions/Champions League Benfica 30 24 5 1 77 20 77 - Champions League Paços Ferreira 30 14 12 4 42 29 54 - Champions League Sporting Braga 30 16 4 10 60 44 52 Estoril 30 13 6 11 47 37 45 Rio Ave 30 12 6 12 35 42 42 Sporting Lisbon 30 11 9 10 36 36 42 Nacional Madeira 30 11 7 12 45 51 40

Lisbon stocks fall more than 3.4%

The Lisbon stock exchange's main share index PSI-20 was down more than three percent during trading on Tuesday, dragged down by corporate developments. In early afternoon trading, the index was showing a loss of 3.4 percent to 6,007.92 points, with shares in food distributor and retailer Jeronimo Martins down by more than 6.0 percent. Jeronimo Martins's number two investor, Asteck SA, a unit of the Dutch group Heerema, sold half of its 10.0 percent stake in the company.

Portuguese league table

Portuguese league table after Monday's match (played, won, drawn, lost, goals for, goals against, points): Benfica 28 23 5 0 73 17 74 FC Porto 28 22 6 0 66 13 72 Paços de Ferreira 28 14 11 3 41 26 53 Sporting Braga 28 15 4 9 58 41 49 Vitoria Guimaraes 28 11 7 10 36 45 40 Estoril 28 11 6 11 42 35 39 Rio Ave 28 10 6 12 32 41 36 Sporting Lisbon 28 9 9 10 31 35 36 Marítimo Funchal 28 8 10 10 33 45 34

Portugal pushes ahead with sweeping spending cuts

Portugal on Monday pushed ahead with deeply unpopular plans to slash 30,000 public sector jobs by launching talks with unions as part of a sweeping savings package to satisfy international creditors. The new "medium-term programme", which also includes pushing back the full pension age for civil servants from 65 years to 66 years and extending their work-week to 40 hours, was announced on Friday. The programme is intended to keep the small debt-hit eurozone member eligible for another slice of its bailout funding.

Portuguese league table

Portuguese league table after Sunday's matches (played, won, drawn, lost, goals for, goals against, points): Benfica 27 23 4 0 72 16 73 FC Porto 28 22 6 0 66 13 72 Paços de Ferreira 28 14 11 3 41 26 53 Sporting Braga 28 15 4 9 58 41 49 Vitoria Guimaraes 28 11 7 10 36 45 40 Estoril 27 11 5 11 41 34 38 Rio Ave 28 10 6 12 32 41 36 Sporting Lisbon 28 9 9 10 31 35 36 Marítimo Funchal 28 8 10 10 33 45 34

Football: Portuguese league table

Portuguese league table after Saturday's match (played, won, drawn, lost, goals for, goals against, points): Benfica 27 23 4 0 72 16 73 FC Porto 28 22 6 0 66 13 72 Paços de Ferreira 27 13 11 3 40 26 50 Sporting Braga 28 15 4 9 58 41 49 Estoril 27 11 5 11 41 34 38 Vitoria Guimaraes 27 10 7 10 33 44 37 Rio Ave 27 10 6 11 32 40 36 Sporting Lisbon 27 9 9 9 31 34 36 Marítimo Funchal 27 8 10 9 31 41 34

Football: Portuguese league table

Portuguese league table after Friday's match (played, won, drawn, lost, goals for, goals against, points): Benfica 27 23 4 0 72 16 73 FC Porto 27 21 6 0 63 12 69 Pacos de Ferreira 27 13 11 3 40 26 50 Sporting Braga 28 15 4 9 58 41 49 Estoril 27 11 5 11 41 34 38 Vitoria Guimaraes 27 10 7 10 33 44 37 Rio Ave 27 10 6 11 32 40 36 Sporting Lisbon 27 9 9 9 31 34 36 Maritimo Funchal 27 8 10 9 31 41 34 Nacional 27 9 7 11 39 46 34
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