FRANKFURT - After putting the euro zone's top 130 banks through their paces, the European Central Bank will face a test of its own on Sunday - will its landmark health check succeed in convincing investors the region's lenders are safe?
- Drugmaker Hikma Pharmaceuticals Plc said the U.S. health regulator had raised issues related to environmental monitoring at its plant in Portugal, which some analysts said accounts for about a quarter of the company's U.S. injectibles sales.
LISBON - Portugal's CMVM securities market regulator has extended until Thursday a ban on short selling in shares of Portugal Telecom after they fell to a record low close on Tuesday.
LISBON - Portugal's government expects a second year of economic expansion in 2015 after the country began to climb out of its debt crisis this year and exited an international bailout, its 2015 budget bill showed on Wednesday.
FRANKFURT - Portugal's Novo Banco, created from the bailout of Banco Espirito Santo , will not be part of the European Central Bank's bank health checks, the ECB said on Friday.
FRANKFURT, Oct 10 - Portugal's Novo Banco, created from the bailout of Banco Espirito Santo, will not be part of the European Central Bank's bank health checks, the ECB said on Friday.
LISBON - Portugal has to reduce its high debt and will persist with fixing its public finances as this is key to maintaining the credibility it has regained with external creditors, Finance Minister Maria Luis Albuquerque said on Monday.
LISBON - The opening balance sheet of Portugal's Novo Banco, the "good bank" carved out of Banco Espirito Santo after a state rescue, will show a solvency ratio above the required minimum and no need of further capital, two sources familiar with the process said.
MADRID - Portugal has begun sounding out Spanish banks on their interest in buying Novo Banco, the successor to the state-rescued Banco Espirito Santo (BES), several sources familiar with the talks said on Tuesday.
LISBON - Portugal's economic climate indicator was flat in September, remaining at its highest level since mid-2008 as the economy recovers further from a deep recession.
SURUC Turkey - A first group of Iraqi Kurdish peshmerga fighters entered the besieged Syrian town of Kobani on Thursday to help push back Islamic State militants who have defied U.S. air strikes and threatened to massacre its Kurdish defenders. | Video