Portugal

IMF board signs off on latest Portugal review

WASHINGTON - The International Monetary Fund signed off on its latest review of Portugal's bailout on Thursday, and also extended the program until June to finish assessing the euro zone country's progress with getting its economy back on track.

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Did Europe misdiagnose debt crisis and make it worse? 17 Apr 2014

BRUSSELS - At the height of the euro zone debt crisis, with Portugal's economy nearing collapse, the European Commission told the government in Lisbon that it had to slash wages if it was ever going to boost competitiveness and grow again.

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Portugal says economic growth easing need for 2015 budget cuts 15 Apr 2014

LISBON - Portugal's government laid out plans for savings in 2015 worth 1.4 billion euros (1.1 billion pounds) on Tuesday and said an improving economy has reduced budget cuts it needed to make for next year by about a third.

Portugal government plans 1.4 billion euros in 2015 budget cuts 15 Apr 2014

LISBON - Portugal's government defined on Tuesday savings measures worth 1.4 billion euros, or 0.8 percent of gross domestic product, needed to slash the budget deficit next year and promised to abstain from tax hikes as well as further wage and pension cuts.

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Fitch ups Portugal outlook to positive, close to investment grade 11 Apr 2014

LISBON - Rating agency Fitch raised its outlook on Portugal's debt rating to "positive" from "negative" on Friday, citing the country's strong progress in cutting its budget deficit, regaining market access and improving economic growth.

Euro zone ministers to discuss Portugal's exit from bailout on May 5 01 Apr 2014

ATHENS - Euro zone finance ministers will discuss the best way for Portugal to fully return to market financing at their meeting on May 5, the chairman of the ministers Jeroen Dijsselbloem told a news conference on Tuesday.

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For better or worse, Portugal's chances for clean bailout exit grow 28 Mar 2014

LISBON - Portugal's chances of making a clean break from its international bailout in May are growing as its economic outlook gradually improves, borrowing costs slide, and some political dividends are seen for the government from going it alone.

For better or worse, Portugal's chances for clean bailout exit grow 28 Mar 2014

* Govt to decide on strategy next month, EU still divided

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Merkel vows to support Portugal's bailout exit decision 18 Mar 2014

BERLIN - Germany will support Portugal in its forthcoming decision on how to exit its bailout programme, Chancellor Angela Merkel said on Tuesday, adding that she expected a decision from Lisbon soon partly because confidence in the euro zone was growing.

UPDATE 1-Merkel vows to support Portugal's bailout exit decision 18 Mar 2014

BERLIN, March 18 - Germany will support Portugal in its forthcoming decision on how to exit its bailout programme, Chancellor Angela Merkel said on Tuesday, adding that she expected a decision from Lisbon soon partly because confidence in the euro zone was growing.

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Surrender talks set with separatists in Ukraine as standoff lasts into Easter

DONETSK/KIEV - A senior mediator from Europe's OSCE security body is due to start negotiating the surrender of pro-Russian separatists in eastern Ukraine on Sunday, although hopes for a rapid end to the crisis are limited. | Video