Portugal

Portugal PM says hopes Greece remains in euro

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LISBON - Portugal's prime minister said on Monday that he hopes that the positions of the new Greek government will be reconciled in such a way that Athens remains a European partner and in the euro currency.

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Oi-Portugal Telecom merger seen set to hold 19 Jan 2015

LISBON - Opposition to Brazilian group Oi's plans to sell off Portugal's former national telecoms operator, PT Portugal, is not expected to result in the business being returned to its former owner, Portugal Telecom SGPS , even if the immediate sale is blocked this week, analysts and lawyers said.

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Portugal Telecom shares soar on bets asset sale to be approved 14 Jan 2015

LISBON - Shares in Portugal Telecom jumped around 15 percent on Wednesday as optimism returned that shareholders will ultimately approve the sale of its former operations by its merger partner, Brazil's Oi , without endangering the merger.

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Portugal Telecom shareholders propose postponing deal vote 12 Jan 2015

LISBON - All leading shareholders in Portugal Telecom SGPS proposed on Monday to postpone their shareholder assembly called to approve the sale of assets by its Brazilian merger partner Oi , one stake holder said at the start of the meeting.

Brazil's Oi backs delay of Portugal Telecom shareholder assembly 12 Jan 2015

SAO PAULO - Brazilian telecommunications company Oi SA said on Monday it supported a decision by shareholders of merger partner Portugal Telecom SGPS SA to postpone a shareholder assembly to approve a 7.4 billion euro (5.8 billion pounds) asset sale.

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Bank of Portugal says 17 institutions interested in Novo Banco 31 Dec 2014

LISBON - The Bank of Portugal said on Wednesday that 17 institutions have expressed interest in the sale of Novo Banco, the bank created after the collapse of Banco Espirito Santo in August.

UPDATE 1-Bank of Portugal says 17 institutions interested in Novo Banco 31 Dec 2014

LISBON, Dec 31 - The Bank of Portugal said on Wednesday that 17 institutions have expressed interest in the sale of Novo Banco, the bank created after the collapse of Banco Espirito Santo in August.

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Bank of Portugal says 17 institutions interested in Novo Banco 31 Dec 2014

LISBON - The Bank of Portugal said on Wednesday that 17 institutions have expressed interest in the sale of Novo Banco, the bank created after the collapse of Banco Espirito Santo in August.

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Equities extend rally; oil rebounds, helping rouble rise 19 Dec 2014

NEW YORK - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note.

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Exclusive - ECB considers making weaker Euro zone states bear more quantitative easing risk: sources 19 Dec 2014

FRANKFURT - European Central Bank officials are considering ways to ensure weak countries that stand to gain most from a fresh round of money printing bear more of the risk and cost.

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Ukraine rebels say government forces pushed back near Donetsk

KIEV/MOSCOW - Pro-Russian separatist forces said on Tuesday they had pushed Ukrainian government troops out of two districts on the outskirts of their main stronghold Donetsk, and their aim was to expand their control to the entire region.