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Portugal News

Ex-Portuguese PM remanded in custody in fraud case

Lisbon - The detention of Portugal's former prime minister Jose Socrates on suspicion of tax evasion and money laundering has set off a new political earthquake in a country already rocked by high-level scandal.

Judge remands Portuguese ex-PM in custody in fraud case

Lisbon - A Portuguese judge on Monday ordered former Socialist prime minister Jose Socrates to be remanded in custody on suspicion of tax evasion and money laundering.

Portugal's ex-PM returns Monday before judge in tax fraud case

Lisbon - Portugal's former Socialist prime minister Jose Socrates will return before a magistrate on Monday, and will spend a third night in custody following his shock arrest as part of an inquiry into tax fraud, corruption and money laundering.

Portuguese ex-PM Socrates held in fraud inquiry

Lisbon - Portugal's former Socialist prime minister Jose Socrates was arrested as part of an inquiry into tax fraud, corruption and money laundering, the public prosecutor's office announced.

Portugal interior minister resigns over 'golden visas' probe

Lisbon - Portugal's Interior Minister Miguel Macedo resigned Sunday, three days after top officials were detained in a corruption probe linked to "golden visas" for wealthy foreign investors.

Ronaldo shines as Portugal edges battle of width against Ghana

In a widely open match between two counterattacking sides, there was no surprise that all three goals were created in wide areas.

USA's Fabian Johnson dominates right flank against Portugal

One of the few pieces of criticism Paulo Bento has received during his tenure as Portuguese manager is his reluctance to adapt.

USA v Portugal — down to the wire

Manaus - Those football fans unlucky enough not to sneak out of the office to catch today's World Cup action between the United States and Portugal are sure to be kicking themselves.

Op-Ed: Portugal will rely on familiarity to end World Cup trophy curse

All eyes will be on Cristiano Ronaldo in Brazil. Ronaldo needs to play at the World Cup as the tournament can't afford to be deprived of the best individual in world football, according to FIFA Ballon d’Or voting.

Portugal marks 40 years since end of dictatorship

Lisbon - It should have been a moment for dual celebrations in Portugal as the 40th anniversary of democracy on Friday coincided with the end of the country's international bailout and its crippling conditions.

Portugal set to end bailout program May 17

Lisbon - Portugal is poised to exit the $108 billion bailout program in May. Politicians are stressing the positive aspects of the exit but austerity programs have left deep scars both in the economy and on the populace.

Portugal says will strip 1.4 bn euros from 2015 budget

Lisbon - Portugal on Tuesday laid out savings designed to strip 1.4 billion euros ($1.9 billion) from its budget in the latest step to trim its public deficit.

Fitch upgrades Portugal's outlook to 'positive'

Paris - Ratings agency Fitch on Friday upgraded its outlook for Portugal to "positive" and maintained the country's credit rating at BB+.

'Ronaldo of knees': surgeon saves football careers

Porto - Renowned as the "Ronaldo of knees", pioneering Portuguese surgeon Jose Carlos Noronha is saving the careers of top world football players who feel the dreaded, career-threatening crack of a torn ligament.

GlaxoSmithKline vaccine suspended in Portugal

The National Agency for Medicines and Health Products of Portugal decided to suspend the administration of British vaccine maker GlaxoSmithKline's vaccine Infanrix Tetra following the report of adverse reactions.

Madeleine McCann police seek lone sex attacker

London - Detectives investigating the disappearance of British girl Madeleine McCann in Portugal said Wednesday they were looking for a lone intruder who sexually abused five girls during break-ins at holiday homes.The tanned, dark-haired man is suspected of br...

Merkel 'extraordinarily impressed' by Portgual's reforms

Berlin - German Chancellor Angela Merkel said on Tuesday that she was "extraordinarily impressed" by Portugal's reform efforts as she met the bailed-out eurozone country's prime minister.Merkel told a joint press conference with Prime Minister Pedro Passos Coeh...

Decrepit homes, crumbling shops: this Portugal tour starts here

Porto - Forget the ornate cathedrals, the glitzy bars or gourmet restaurants.

Warning bells as Portugal urged to exit bailout without buffer

Lisbon - With Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.Analysts however warned that it is too soo...

Huge new dinosaur in Portugal was predator king

Washington - A new dinosaur species discovered in Portugal dominated the food chain 150 million years ago -- the Tyrannosaurus Rex of its time, researchers said.

Barroso urges Portugal to exit bailout without safety net

Lisbon - European Commission President Jose Manuel Barroso called Monday for Portugal to continue with fiscal austerity so it can exit its international bailout without a safety net."It is clear that a precautionary programme would provide more guarantees and s...

Portugal sees 1.2% growth in 2014

Lisbon - Portugal's government on Friday hoisted its forecast for economic growth this year to 1.2 percent from the 0.8 percent it had previously given."This new estimate is a lot better than what was predicted up to now," Deputy Prime Minister Paulo Portas tol...

Troika calls for Portugal to back continued austerity

Lisbon - International creditors called on Wednesday for all parties and citizens in Portugal to back austerity measures for "a few more years" after its financial bailout package ends in May."The troika have let it be known that it will be good to have a bigge...

Portugal passes new IMF rescue program review

Washington - The International Monetary Fund approved Wednesday the disbursement of 910 million euros ($1.24 billion) to Portugal after the country passed the 10th review of its bailout program.The disbursement took the country a step closer to the May 2014 end of ...

Portugal sails through 10-year bond issue

Paris - Portugal took a big step towards emerging from its bailout and borrowing normally to finance its budget, with a successful 10-year bond issue on Tuesday.The debt management agency said it raised 3.0 billion euros ($4.1 billion) amid strong demand of 9....

Portugal 'sails through 10-year bond issue'

Paris - Portugal took a big step towards shedding its bailout clothes and borrowing normally to finance its budget, with a successful 10-year bond issue on Tuesday.The debt management agency raised 3.0 billion euros ($4.1 billion) amid strong demand of 9.5 bil...

Portugal to test market with 10-year bond issue  

Lisbon - Portugal is preparing an issue of 10-year bonds, the state debt management agency said Monday, in what will be a key test of whether it can cleanly exit its bailout in May.

Portugal on track for export-led recovery: trade data

Lisbon - Portugal is showing signs of an export-led recovery, with trade data released Monday revealing a big cut in the trade deficit last year.

Crisis-hit Portugal 'to issue new bonds in market test'

Lisbon - Portugal is preparing to issue a 10-year bond for the first time since May, in what would be a major market test for the crisis-hit country, a weekly magazine reported Saturday.

Christie's cancels Miro art sale over Portugal dispute

London - Auction house Christie's on Tuesday said it had cancelled the London sale of 85 paintings by Spanish master Joan Miro valued at more than 36 million euros ($48.5 million) over a legal dispute in Portugal.
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Portugal Image

Travelers House  luxury hostel in Lisbon  Portugal - double room.
Travelers House, luxury hostel in Lisbon, Portugal - double room.
Hostelbookers.com
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Lisbon: The Portuguese Parliament
Lisbon: The Portuguese Parliament
Alvesgaspar
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Scenes of protest in Lisbon - European general strike on November 14.
Scenes of protest in Lisbon - European general strike on November 14.
Vimeo
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Tram in Baixa  Lisbon  Portugal
Tram in Baixa, Lisbon, Portugal
islandjoe
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The vast range of wines fills this small wine shop in Melbourne Australia.
The vast range of wines fills this small wine shop in Melbourne Australia.
Wikipedia
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Lisbon  Portugal
Lisbon, Portugal
António M.L. Cabral
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Military protest in Lisbon  Portugal on November 10  2012 -  “Police are unhappy  military are unh...
Military protest in Lisbon, Portugal on November 10, 2012 - “Police are unhappy, military are unhappy, people are unhappy”.
Video screen capture
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Portugal soccer team
Portugal soccer team
Ludo29
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Untitled
YouTube
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Portuguese President Cavaco Silva (right) escorts US president Barack Obama from Belem National Pala...
Portuguese President Cavaco Silva (right) escorts US president Barack Obama from Belem National Palace, Lisbon, Portugal after a meeting on 19 November 2010
Wikimedia Commons
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Military protest in Lisbon  Portugal on November 10  2012
Military protest in Lisbon, Portugal on November 10, 2012
Video screen capture
image:130928:0::0
Scenes of protest in Lisbon - visit by German Chancellor Angela Merkel on November 12.
Scenes of protest in Lisbon - visit by German Chancellor Angela Merkel on November 12.
Vimeo
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Scenes of protest in Lisbon - European general strike on November 14.
Scenes of protest in Lisbon - European general strike on November 14.
Vimeo
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Travelers House  luxury hostel in Lisbon  Portugal - lounge with TV/DVD.
Travelers House, luxury hostel in Lisbon, Portugal - lounge with TV/DVD.
Hostelbookers.com
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João Moura Jr.  famous Portuguese bullfighter incurred the wrath of animal rights groups by posting...
João Moura Jr., famous Portuguese bullfighter incurred the wrath of animal rights groups by posting images of pit bulls attacking a calf on his property.
Fair Use - Facebook Joao Moura Jr.
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Travelers House  luxury hostel in Lisbon  Portugal - dormitory room.
Travelers House, luxury hostel in Lisbon, Portugal - dormitory room.
Hostelbookers.com
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Cliffs in Portugal are beautiful  scenic and in this case completely unforgiving to those who stray ...
Cliffs in Portugal are beautiful, scenic and in this case completely unforgiving to those who stray too close.
Tim Sackton
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Untitled
YouTube
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Travelers House  luxury hostel in Lisbon  Portugal - chill-out lounge.
Travelers House, luxury hostel in Lisbon, Portugal - chill-out lounge.
Hostelbookers.com
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Vitor Caspar  Portugeues Finance Minister
Vitor Caspar, Portugeues Finance Minister
PSD-Partido Social Democrata
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