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Thousands of Portuguese teachers protest big cut
Thousands of teachers from around Portugal are marching in downtown Lisbon to protest proposed spending cuts they say will slash €1 billion ($1.
Portugal postpones sale of public broadcaster
Portugal's government is postponing its planned privatization of the public broadcaster after complaints from private channels that the advertising ...
Portugal gets $3 BN in 1st bond sale since rescue
Portugal sold its debt on financial markets Wednesday for the first time since it needed a bailout, collecting €2.5 billion ($3.3 billion) in an ...
Eurozone debt burden stuck amid low growth
The eurozone failed to reduce its government debt in the third quarter of last year, as meager growth offset efforts by several of the bloc's 17 ...
EU grouping gets OK for financial transaction tax
A group of 11 European Union countries was given the go-ahead Tuesday to work on the introduction of a tax on financial transactions. The tax is ...
Portugal cuts deficit, eyes return to debt market
Portugal's finance minister says his government's budget deficit likely fell below the target of 5 percent of GDP last year, reflecting successful ...
IMF: Eurozone needs Portugal to stay on track
The International Monetary Fund is warning Portugal against the temptation to relax its contentious austerity drive, saying any backsliding could ...
Panetta: No US troops on the ground in Mali
Defense Secretary Leon Panetta said Tuesday that the U.S. has ruled out putting any American troops on the ground in Mali, but officials are hoping ...
Portugal introduces tax hikes despite outcry
Portugal's government has published new tax tables that further cut the income of workers and pensioners — the bailed-out country's latest austerity ...
Panetta: US helping French forces with intel
The U.S. is already providing intelligence-gathering assistance to the French in their assault on Islamist extremists in Mali, Defense Secretary Leon ...
Portugal's highest court to asses state budget
Bailed-out Portugal's president has asked the country's Constitutional Court to check whether new austerity measures included in this year's state ...
Portugal postpones state airline privatization
The Portuguese government announced Thursday it has postponed the privatization of national airline TAP Air Portugal after the sole bidder failed to ...