Portugal
UPDATE 1-Spain, Portugal push for full banking union as Germany finds hurdles
* Spain's Rajoy says banking union is credibility test for European Union
Portugal bailout review completed - government
LISBON - Portugal's government said on Sunday its EU and IMF lenders had concluded work on the latest bailout review, indicating there were no outstanding obstacles for Lisbon to receive the next 2 billion euro tranche of the rescue package.
EURO GOVT-Portuguese yields edge up on landmark bond sale
LONDON, May 7 - Portugal's debt lagged other euro zone bonds on Tuesday as investors made room for its first 10-year issue since its bailout, highlighting strong demand for lower-rated euro zone debt.
Portuguese to work longer under new spending cuts
LISBON - Portugal plans to raise the retirement age by one year to 66 and make public sector employees work an extra hour per day as part of an array of new spending cuts needed to slash the budget deficit and meet its bailout targets.
Slovenia to pursue bond issue despite downgrade
ZAGREB - Slovenia still plans to raise funds through an international bond, it said on Wednesday, despite a credit downgrade prompted by fears the euro zone country will need a bailout.
Slovenia to pursue bond issue despite downgrade
ZAGREB - Slovenia still plans to raise funds through an international bond, it said on Wednesday, despite a credit downgrade prompted by fears the euro zone country will need a bailout.
Portugal to challenge JPMorgan, Santander swaps in court
LISBON - Portugal's government said on Friday it would challenge in court several high-risk hedge contracts signed by public companies and banks JPMorgan and the local unit of Spain's Santander to avoid losses for the debt-ridden state.
Portugal to challenge JPMorgan, Santander swaps in court
* Total potential losses of 3 bln euros cut by 20 pct so far
Portugal plans gradual company tax cuts to revive economy
LISBON - Portugal's government plans to lower company tax rates "significantly" as part of a wider plan of incentives to drag the economy out of its worst recession since the 1970s, Economy Minister Alvaro Santos Pereira said on Tuesday.
Portugal seeks solution to public firms' risky swap deals
LISBON, April 23 - Portugal's government hopes to reach a negotiated solution with foreign and local banks by the end of this week to minimise potential losses of up to 3 billion euros from high-risk hedge contracts agreed by public companies some years back.
Whole neighbourhoods razed by Oklahoma tornado that killed 24
MOORE, Oklahoma - Rescuers went building to building in search of victims and survivors picked through the rubble of their shattered homes on Tuesday, a day after a massive tornado tore through the Oklahoma City suburb of Moore, wiping out blocks of houses and killing at least 24 people. | Video
Ethiopia and Eritrea: An elusive peace on the cards?
Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
