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On the rebound, Portugal starts love affair with private equity


LISBON Portugal's economic recovery is making it a hot destination for the rich and famous like Madonna as well as tech entrepreneurs and now private equity is looking to participate in the upswing.


Portugal's flourishing tourism becomes economic mainstay 16 Mar 2018

LISBON Portugal's tourism boom has made the industry one of the biggest contributors to the national economy and the largest employer, with almost 1 million direct and indirect jobs, the head of the World Travel & Tourism Council (WTTC) said.


Southern European bonds set for best week in months thanks to go-slow ECB 09 Mar 2018

LONDON Borrowing costs in Spain and Portugal were on track for their biggest weekly fall in at least four months on Friday, a day after the ECB gave up a pledge to increase bond buys if needed but signalled a slow route out of its massive stimulus.


Portugal labour minister sees across-the-board job creation 06 Mar 2018

LISBON Portugal's unemployment rate is set to fall below the government's forecast of 8.6 percent in 2018, thanks to job creation in the booming tourism sector but also in technology and traditional areas like textiles, the labour minister said.


Ryanair sees Easter, summer disruption as union talks drag 06 Mar 2018

BRUSSELS Ryanair expects some disruption to flights in the coming months, notably into and out of Ireland and Portugal, as it discusses union recognition and working with pilot unions, chief executive Michael O'Leary said on Tuesday.


Investment in Portugal's export sector hits record, accelerating 01 Mar 2018

LISBON Investment in Portugal's export-oriented sectors doubled last year to hit a record high, underlining the country's fast shift up the economic value chain, the head of the state agency for promotion of exports and investment said.


Ryanair cabin crews in Portugal set three one-day strikes around Easter 26 Feb 2018

LISBON A union representing Ryanair cabin crew in Portugal will hold three one-day strikes during the Easter holidays, on March 29, April 1 and April 4, an official with the SNPVAC union said on Monday.


Ryanair says expects Easter strike in Ireland or Portugal 21 Feb 2018

LISBON Ryanair expects staff to strike during Easter week in either Ireland or Portugal, chief executive Michael O'Leary said on Wednesday, as talks with some unions over formal recognition and improved conditions falter.

Portugal regulator to further investigate Altice-Media Capital deal 15 Feb 2018

LISBON Portugal's competition authority said on Thursday it would launch a thorough investigation into the planned takeover by Dutch-based Altice of Media Capital, the owner of the TVI television channel.


Spain economy minister confident will win ECB vice president post 07 Feb 2018

MADRID Spain's Economy Minister Luis de Guindos on Wednesday said he was confident he would be offered the vice-presidency of the European Central Bank, with Ireland's central bank governor Philip Lane the only other candidate.


Zuckerberg apologises for Facebook mistakes with user data, vows curbs

SAN FRANCISCO Facebook Inc Chief Executive Mark Zuckerberg apologised on Wednesday for mistakes his company made in how it handled data belonging to 50 million of its users and promised tougher steps to restrict developers' access to such information. | Video