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#Portuguese Economy

# portuguese-economy - Thursday 5 January, 2012

EU fund issues new bonds to pay for Irish bailout
# Bailout
# Bailout

EU fund issues new bonds to pay for Irish bailout

Jan 5th 2012, 1:55 PM 2,636 Views 29 Comments

The European Financial Stability Fund says it issued €3bn in three-year bonds, at a rate over four times cheaper than we’d get.

# portuguese-economy - Thursday 29 December, 2011

Recessions, downgrades and Super Mario - 2011: the year in money
# Review 2011
# Review 2011

Recessions, downgrades and Super Mario - 2011: the year in money

Dec 29th 2011, 10:58 AM 1,450 Views 5 Comments

2011 may be remembered in future as the year we sorted out the financial crisis – or the year in which it grew beyond our control.

# portuguese-economy - Monday 21 November, 2011

Student study: Ireland could write off 85 per cent of its European debt
# Debt Crisis
# Debt Crisis

Student study: Ireland could write off 85 per cent of its European debt

Nov 21st 2011, 4:09 PM 12,015 Views 55 Comments

The pan-European ESCP business school says Ireland could get rid of €184bn in debts – by simply cancelling them out with others.

# portuguese-economy - Friday 22 July, 2011

Bond yields dive, and Euro up, as markets embrace Brussels deal
# Eurozone
# Eurozone

Bond yields dive, and Euro up, as markets embrace Brussels deal

Jul 22nd 2011, 10:13 AM 410 Views 0 Comments

The cost of borrowing for Europe’s strugglers is falling this morning, after leaders struck deals on gentler bailouts.

# portuguese-economy - Thursday 21 July, 2011

Irish bailout rate 'cut to under 4 per cent' by draft agreement - report
# Bailout
# Bailout

Irish bailout rate 'cut to under 4 per cent' by draft agreement - report

Jul 21st 2011, 4:31 PM 478 Views 11 Comments

RTÉ says a draft agreement being considered in Brussels would slash our interest rate and extend our repayments.

# portuguese-economy - Monday 16 May, 2011

European finance leaders sign off on Portugal's €78bn bailout
# Bailout
# Bailout

European finance leaders sign off on Portugal's €78bn bailout

May 16th 2011, 7:15 PM 609 Views 0 Comments

Portugal will borrow over 7.5 years at an average interest rate of 5.7 per cent – slightly less than the 5.83 per cent we pay.

# portuguese-economy - Wednesday 11 May, 2011

Parties bypass True Finns to agree support for Portuguese bailout
# Finland
# Finland

Parties bypass True Finns to agree support for Portuguese bailout

May 11th 2011, 7:19 PM 908 Views 0 Comments

Timo Soimi’s True Finns are sidelined as three other large parties agree to support a parliamentary vote to approve the loan.

# portuguese-economy - Wednesday 4 May, 2011

Portugal seals the deal on €78bn EU-IMF bailout
# Portugal
# Portugal

Portugal seals the deal on €78bn EU-IMF bailout

May 4th 2011, 7:26 AM 561 Views 0 Comments

Portugal’s caretaker government signs off on the Eurozone’s third bailout package – but is their deal better than ours?

# portuguese-economy - Tuesday 3 May, 2011

Portuguese bailout deal due 'in days' - while Greece seeks extension
# Bailout
# Bailout

Portuguese bailout deal due 'in days' - while Greece seeks extension

May 3rd 2011, 3:36 PM 457 Views 0 Comments

A preliminary agreement on emergency lending to Portugal’s caretaker government is due in days, an EU official says.

# portuguese-economy - Wednesday 6 April, 2011

Portuguese finance minister admits: 'We're going to need a bailout'
# Portugal
# Portugal

Portuguese finance minister admits: 'We're going to need a bailout'

Apr 6th 2011, 8:06 PM 1,493 Views 0 Comments

A third Eurozone country admits the need for foreign help after a new bond auction sends interest rates spiralling.

# portuguese-economy - Thursday 24 March, 2011

Bond prices surge again after Portuguese budget defeat
# Bondwatch
# Bondwatch

Bond prices surge again after Portuguese budget defeat

Mar 24th 2011, 9:35 AM 455 Views 0 Comments

The costs of borrowing for both Ireland and Portugal take a battering in the aftermath of the latter’s prime minister quitting.

Portugal's prime minister quits after bitter budget defeat
# Portugal
# Portugal

Portugal's prime minister quits after bitter budget defeat

Mar 24th 2011, 7:56 AM 441 Views 0 Comments

Jose Socrates quits power after parliament defeats his fourth austerity budget in less than a year – as an EU summit begins.

# portuguese-economy - Wednesday 16 March, 2011

Portugal facing choppy waters after Moody's debt downgrade
# Portugal
From Business ETC
# Portugal

Portugal facing choppy waters after Moody's debt downgrade

Mar 16th 2011, 10:37 AM 254 Views 0 Comments

The ratings agency cuts the rating it gives to Portuguese government debt, down two notches from A1 and A3.

# portuguese-economy - Wednesday 16 February, 2011

Portuguese treasury build auction sees yields rise
# Bondwatch
From Business ETC
# Bondwatch

Portuguese treasury build auction sees yields rise

Feb 16th 2011, 2:57 PM 496 Views 0 Comments

Portugal issues €1bn in twelve-month bills, while buying back some of its older debt – but the results aren’t ideal.

# portuguese-economy - Monday 13 December, 2010

ECB bought €2.7bn of bonds last week alone
# Bond Markets
# Bond Markets

ECB bought €2.7bn of bonds last week alone

Dec 13th 2010, 3:56 PM 235 Views 0 Comments

So much for winding down the controversial bond-buying scheme… Frankfurt may have been the only buyer last week.

# portuguese-economy - Wednesday 1 December, 2010

Has the contagion been stopped? EU bond yields dive
# Debt Crisis
# Debt Crisis

Has the contagion been stopped? EU bond yields dive

Dec 1st 2010, 12:58 PM 360 Views 0 Comments

The costs of borrowing for Portugal, Italy and Spain has fallen, easing some fear about the Eurozone debt crisis.

# portuguese-economy - Friday 26 November, 2010

Lisbon, Brussels, Berlin deny pressure for Portuguese bailout
# Portuguese Economy
# Portuguese Economy

Lisbon, Brussels, Berlin deny pressure for Portuguese bailout

Nov 26th 2010, 2:55 PM 140 Views 0 Comments

All parties deny a Financial Times Deutschland claiming that Portugal is under pressure to take a bailout. Sound familiar?

# portuguese-economy - Wednesday 24 November, 2010

Portugal readies for day of all-out national strike
# Portugal
# Portugal

Portugal readies for day of all-out national strike

Nov 24th 2010, 9:44 AM 277 Views 0 Comments

Portugal’s two main trade unions will hold their first joint strike for decades, bring the country’s services to a standstill.

# portuguese-economy - Tuesday 16 November, 2010

EU to tell Ireland: Take a bailout today
# Bailout Republic?
# Bailout Republic?

EU to tell Ireland: Take a bailout today

Nov 16th 2010, 7:01 AM 673 Views 0 Comments

The world’s press is sure of it: everywhere the government turns, it’s told to accept an international handout.

# portuguese-economy - Monday 15 November, 2010

Portugal admits 'high risk' of needing a bailout
# Portuguese Economy
# Portuguese Economy

Portugal admits 'high risk' of needing a bailout

Nov 15th 2010, 4:25 PM 309 Views 0 Comments

The country’s finance minister admits Portugal may ask for assistance – and implies that it could be Ireland’s fault.

# portuguese-economy - Thursday 11 November, 2010

Could China be stepping in to buy Irish bonds?
# Ni-hao's It Going?
# Ni-hao's It Going?

Could China be stepping in to buy Irish bonds?

Nov 11th 2010, 12:46 PM 512 Views 0 Comments

China bought Greek debt at the time of the bailout, and hints it’s been buying Portugal. Could Ireland be next?

# portuguese-economy - Thursday 21 October, 2010

Uh-oh: two days after reining in, bond yields explode again
# Bond Markets
# Bond Markets

Uh-oh: two days after reining in, bond yields explode again

Oct 21st 2010, 4:31 PM 185 Views 0 Comments

The cost of government ten-year borrowing was under 6% on Tuesday. Today it closed above 6.5% again.