Portugal

Clients of collapsed BES take to Lisbon streets, scuffle with police

LISBON, Aug 10 - Hundreds of clients of Portugal's state-rescued Banco Espirito Santo (BES) blocked Lisbon's main boulevard and some scuffled with police on Monday to demand payback of millions of euros invested in the debt of the bank's founding family.

Bank of Portugal receives one improved offer for Novo Banco 07 Aug 2015

LISBON, Aug 7 - The Bank of Portugal has received one improved bid for Novo Banco but will evaluate in coming weeks all three bids that have been made, the bank said on Friday.

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Dixons Carphone to sell Phone House Portugal 31 Jul 2015

LONDON - British electricals and mobile phone retailer Dixons Carphone has agreed to sell The Phone House Portugal, further streamlining its business as it focuses on markets where it has a leading position.

Bank of Portugal wants improved bids for Novo Banco by Aug. 7 30 Jul 2015

LISBON, July 30 - The Bank of Portugal wants bidders for Novo Banco, the successor to Banco Espirito Santo (BES) following a state rescue last year, to come up with improved offers by Aug. 7, the central bank said on Thursday.

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Barclays in talks to sell Portugal retail bank to Bankinter - source 24 Jul 2015

LONDON - Barclays Plc is in exclusive talks to sell its retail banking business in Portugal to Spain's Bankinter , a person familiar with the matter said on Friday.

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Portugal should not be associated with Greece's troubles - Deputy PM 06 Jul 2015

LISBON - Portugal cannot be associated with Greece's mounting troubles after sacrifices and efforts made to overcome the country's debt crisis and improve its financial and economic situation, Deputy Prime Minister Paulo Portas said on Monday.

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Portugal would back Eurobonds, mutual euro zone debt - PM 20 Jun 2015

LISBON - Portugal would support debt mutualisation for the euro zone in the long term and the issuance of Eurobonds that are jointly guaranteed by all members to support weaker economies, Portugal's prime minister said.

Spain's Avanza wins concession for Lisbon subway, bus and tram lines 19 Jun 2015

LISBON - Unlisted Spanish transport company Avanza has won a concession to run Lisbon's bus, tram and subway networks, a spokesman for Portugal's Economy Ministry said on Friday.

Portugal says committed to finding EU-wide Greek solution 18 Jun 2015

LISBON - Portugal is committed to finding a solution to Greece's financing crisis within the European Union framework, minister and government spokesman Luis Marques Guedes said on Thursday.

Portugal says Greece should seal troika deal this week 15 Jun 2015

BUCHAREST - Portugal's president said on Monday an agreement between Greece and the troika should be reached, "this week if possible."

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Refugee children, close to death, found in van in Austria

VIENNA - Three young children suffering from dehydration and close to death have been rescued from a van crammed with 26 refugees from Syria, Afghanistan and Bangladesh, Austrian police said on Saturday. | Video