The latest draconian measures to shore up the Portuguese economy will make matters worse and the government should break the agreement with the IMF and European Union or obtain better terms, an opinion poll found on Monday.
Thursday, May 16, 2013
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The eurozone crisis has eased markedly from one year ago when some doubted its very survival, Luxembourg Prime Minister Jean-Claude Juncker said Thursday, playing down hopes however of progress on tax evasion at next week's EU summit.
Monday, May 13, 2013
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The Portuguese government is signalling that it has reached an agreement with IMF and EU creditors on its latest radical austerity measures to correct public finances, after the constitutional court struck down some of the proposed policies.
Sunday, May 12, 2013
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Thousands of Spaniards on Sunday gathered to mark the second anniversary of the "indignants" movement formed to protest economic inequality as unemployment in the debt-ridden country last month hit record levels.
Thursday, May 9, 2013
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The new government of struggling eurozone member Slovenia is expected to announce Thursday an action plan aimed at avoiding a bailout, reportedly including privatisations, "crisis" taxes and austerity cuts.
Thursday, May 9, 2013
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The new government of struggling eurozone member Slovenia is expected to announce Thursday an action plan aimed at avoiding a bailout, reportedly including privatisations, "crisis" taxes and austerity cuts.
Monday, May 6, 2013
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Portugal on Monday pushed ahead with deeply unpopular plans to slash 30,000 public sector jobs by launching talks with unions as part of a sweeping savings package to satisfy international creditors.
Tuesday, April 30, 2013
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Spain's economy shrank 0.5 percent in the first quarter of 2013, official data showed, as a job-destroying recession gripped the struggling nation.
Monday, April 22, 2013
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Spain's economy will shrink by between 1.0 percent and 1.5 percent this year, Economy Minister Luis de Guindos said in an interview published Monday in the Wall Street Journal.
Friday, April 19, 2013
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Two US hedge funds suing Argentina for full payment on defaulted bonds Friday rejected the country's offer to settle the suit with a deal that would give them just 25 percent of what they were seeking.
Monday, May 20, 2013
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