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Portugal set to halve borrowing costs in 2017 as "junk" label fades

* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr


Eurogroup elects Portuguese chairman who defeated austerity at home 05 Dec 2017

BRUSSELS Euro zone finance ministers on Monday chose as their next chairman Portugal's Mario Centeno, a move that could embolden countries seeking deeper integration of the 19-country's bloc. | Video


Centeno brings Portuguese charm to Eurogroup top job 04 Dec 2017

LISBON Mario Centeno, appointed on Monday to lead the Eurogroup, used his easy-going style as Portugal's finance minister to turn his crisis-hit country into a model euro zone pupil, causing him to be described as a "Ronaldo" among euro zone finance ministers.


Soccer star Ronaldo spurs Portugal hotel chain's attack overseas 04 Dec 2017

LISBON Portuguese soccer star Cristiano Ronaldo has teamed up with his country's top hotel chain, Pestana, in a joint venture that his partner hopes will help open new markets in Asia and reinforce its expansion into Spain and the United States.


Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair 30 Nov 2017

BRUSSELS Finance ministers from Latvia, Luxembourg, Portugal and Slovakia bid on Thursday to replace Jeroen Dijsselbloem as the head of the euro zone finance ministers, the Eurogroup, before a vote next week among the 19 countries sharing the euro.


EU exec - five countries' 2018 budget drafts at risk of missing set targets 27 Oct 2017

BRUSSELS The European Commission warned Italy, France, Portugal and Belgium on Friday that their 2018 draft budget plans posed risks to meeting EU debt and deficit reduction targets and asked Spain for an updated budget draft that contains more information.

Savannah Resources seeks pole position in European lithium race 25 Oct 2017

LONDON Miner Savannah Resources aims to begin mining lithium in Portugal at the end of 2019, making it the first big producer of the battery mineral in Europe, where rival projects are springing up across the continent.

BRIEF-Moody's maintains stable outlook on Portugal's banking system amid rising growth but still-weak asset quality and capital‍​ 19 Oct 2017

* stable outlook on Portugal's banking system amid rising growth but still-weak asset quality and capital‍​


Portugal to cut debt, boost potential growth 18 Oct 2017

LISBON Portugal hopes to cut its total debt to 120 percent of gross domestic product by 2019 from 130 percent last year, Finance Minister Mario Centeno told Reuters, a change that could help boost the country's creditworthiness.


Monarch's demise brings more headaches for holidaymakers 03 Oct 2017

LUTON, England Mary Quist arrived at Luton Airport in the early hours of Monday looking forward to a holiday in Portugal, but the sudden collapse of Britain's Monarch Airlines meant a day of confusion and frustration.


Muslim leaders call on world to recognise East Jerusalem as Palestinian capital

ISTANBUL Muslim leaders condemned U.S. President Donald Trump's recognition of Jerusalem as the capital of Israel on Wednesday and called on the world to respond by recognising East Jerusalem as the capital of Palestine.