Portugal would back Eurobonds, mutual euro zone debt - PM


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."

Germany's Merkel backs loose ECB policy that has weakened euro 12 Jun 2015

BERLIN - German Chancellor Angela Merkel threw her support behind the European Central Bank's loose monetary policy on Friday, suggesting it had supported reform efforts in countries such as Spain and Portugal by preventing the euro from rising too much.

Portugal government to sell airline TAP to American-Brazilian investor 11 Jun 2015

LISBON, June 11 - Portugal's government said in a statement on Thursday it has picked a consortium led by investor David Neeleman in the sale of airline TAP. (Reporting By Axel Bugge)

Portugal picks American-Brazilian investor in sale of airline TAP 11 Jun 2015

LISBON, June 11 - Portugal's government picked on Thursday a consortium led by American-Brazilian investor David Neeleman in the privatisation of airline TAP, ending a drawn-out sales process that has faced strong opposition from many unions.

Portugal court accepts injunction to suspend TAP sale 03 Jun 2015

LISBON, June 3 - Portugal's supreme administrative court approved on Wednesday an injunction to suspend the privatisation of airline TAP, just two days before a deadline for final binding bids in the sale, the court said.

UPDATE 1-Two Chinese bidders likely to face off in sale of Portugal's Novo Banco 01 Jun 2015

LISBON, June 1 - The sale of Portugal's Novo Banco is likely to end with a duel between two Chinese bidders, which have both presented offers of just over 4 billion euros ($4.4 billion), and could lead to a fourth stage involving direct negotiations, sources said on Monday.


China's Fosun, Anbang lead race for Portugal's Novo Banco - FT 01 Jun 2015

- Portugal's Novo Banco is set to fall into Chinese hands with either Anbang Insurance or Fosun International most likely to clinch the deal worth more than 4 billion euros (3 billion pounds), the Financial Times reported


Defiant Greeks rally behind rejection of creditor terms

ATHENS - Thousands of Greeks rallied on Monday behind a 'No' vote in a referendum called for July 5 on the terms of an aid deal offered by Greece's international creditors, a result that risks pushing Athens out of Europe's currency union.