portugal

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Spain, Portugal spared budget sanctions

The European Commission has deferred any disciplinary action against Spain and Portugal over their excessive budget deficits until after a Spanish general election in June. Italy’s budget won’t be assessed until November either. As...

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Is Portugal the eurozone’s weak link?

Investors are asking questions about Portugal, amid growing concerns about the health of European banks and the global growth outlook. As the country’s bond yields rise, is it the weak link in the euro...

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Portugal holds key presidential election

Portugal votes for a new president in an election that could prove key to the country’s shaky governing coalition as it struggles to enact budget cuts required by the European Union. Diane Hodges reports....

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Portugal elects new president

Center-right candidate Marcelo Rebelo de Sousa wins Portugal’s presidential election, an outcome that should help maintain political balance after a dramatic swing to the left in October’s parliamentary ballot. Diane Hodges reports. Portugal elects...