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Portugal third-quarter GDP grows 0.3 pct quarter-on-quarter

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LISBON Portugal's economic growth slowed in the third quarter to 0.3 percent after a 0.6 percent expansion in the previous three month period, on the back of lower exports, official data showed on Wednesday.

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Web Summit helping Lisbon to 'reboot' as tech start-up hub, says founder 05 Nov 2018

LISBON Web Summit, Europe's biggest technology conference, is helping to stoke a "reboot" of Portugal's capital city as a start-up hub as the country continues its emergence from a crippling debt crisis, the event's founder said.

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Airbus says close to delivering first A330-900 to TAP Portugal 30 Oct 2018

HONG KONG Airbus plans to deliver its delayed A330-900 aircraft to launch customer TAP Portugal "imminently", an executive with the European planemaker said on Tuesday.

EU urges deeper cuts to France's long-term deficit 19 Oct 2018

BRUSSELS The European Commission told France, Spain, Belgium, Portugal and Slovenia on Friday that their 2019 budget proposals did not meet recommended targets for cutting longer-term deficit cycles, but Paris played down the criticism.

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Portugal government promises lower budget gap, steady 2019 growth 16 Oct 2018

LISBON Portugal's Socialist government promised on Tuesday in its 2019 election-year budget to deliver the lowest deficit in democratic history while giving civil servants higher pay and helping families with transport costs.

UPDATE 1-Portugal's premier reshuffles cabinet, appoints new economy minister 14 Oct 2018

LISBON, Oct 14 Portugal's prime minister announced a reshuffle of his cabinet on Sunday, following the resignation of the defence minister and completion of the draft of next year's budget, making changes at four ministries ahead of a general election in 2019.

Portugal prime minister reshuffles government 14 Oct 2018

LISBON, Oct 14 Portugal's prime minister has carried out a reshuffle of his cabinet following the resignation of the defence minister and completion of next year's budget, making changes at four ministries ahead of a general election in 2019.

Portugal expects 2.2 percent growth, budget near balance in 2019-MP 09 Oct 2018

LISBON Portugal's government expects the economy to grow 2.2 percent in 2019 and the budget deficit to all but disappear, a lawmaker said on Tuesday after meeting the finance minister about next year's budget plans.

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Spanish court to investigate Caixabank's purchase of BPI 04 Oct 2018

MADRID Spain's High Court will investigate Caixabank for alleged irregular practices surrounding its 2017 purchase of Portugal's Banco BPI, court documents showed on Thursday, after a lawsuit was brought against the Barcelona-based lender by two shareholders.

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Unions accuse IKEA of undermining workers' rights in three markets 27 Sep 2018

STOCKHOLM Unions accused furniture retailer IKEA on Thursday of undermining workers' rights in the United States, Ireland and Portugal, and asked the Dutch government to mediate.

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EU's Barnier says draft Brexit deal is 'fair and balanced'

BRUSSELS The European Union's Brexit negotiator Michel Barnier said on Monday the draft Brexit deal reached with London was "fair and balanced", as the bloc haggled with Britain over any extension to the envisaged transition period. | Video