LONDON Sales of debt from Italy, Spain and Portugal have drawn strong investor demand despite the low yields they offered and some expectation that the European Union will discipline Italy over its excessive debt.
BRUSSELS The European Commission warned France and Belgium on Wednesday over their public finances but stop short of saying that disciplinary proceedings against the two were justified.
BRUSSELS, June 5 The European Commission warned France and Belgium on Wednesday over their public finances but stop short of saying that disciplinary proceedings against the two were justified.
LONDON/PARIS French utility Engie and Portugal's EDP said on Tuesday they will invest 15 billion euros ($16.7 billion) with the aim of becoming the world's number two offshore wind developer after Denmark's Orsted.
BRUSSELS Consumer bodies from Belgium, France, Italy, the Netherlands, Portugal and Spain on Friday urged their national consumer protection agencies to act against Alibaba's online shopping portal for allegedly setting unfair terms for EU users.
LISBON, May 3 Portugal's Prime Minister Antonio Costa will address the nation later on Friday after parliament voted in favour of granting teachers salary increases held back over several years since 2005, a government spokesman said. Costa was due to meet President Marcelo Rebelo de Sousa at 1400 GMT and would then deliver a televised address from his residence, the spokesman said, without giving further detail.
LISBON Fuel-tanker drivers in Portugal threatened a new strike within a week if a deal is not reached over their demands for better pay and conditions, their union said on Monday.
Portugal's monthly unemployment rate slipped to an estimated 6.4 percent in March, around its lowest level in 17 years, from a revised 6.5 percent in February, official data showed on Monday.
Irish-based carrier Ryanair said on Tuesday its pilots based in Portugal have voted for a labour agreement for the next four years, taking another step to head off any risk of another round of damaging strikes ahead of its peak summer season.
LISBON Activist investor Elliott called on Thursday for shareholders in EDP-Energias de Portugal to reject a reform of voting rights, in a move that could scupper a 9-billion-euro (£7.70 billion)takeover offer for EDP from China Three Gorges (CTG).
GENEVA/DUBAI U.S. President Donald Trump said he was prepared to take military action to stop Tehran from getting a nuclear bomb but left open whether he would back the use of force to protect Gulf oil supplies that Washington fears may be under threat by Iran.