News
BES chief says Portugal needs no new bailout
www.reuters.com
[Reuters] - Many economists have said Portugal will need more funding before it can finance itself fully in the debt market. Under the current bailout, Portugal is scheduled to return to the bond market in September (Reporting By Sergio Goncalves, writing by
No general credit crunch in Portugal - BES CEO
www.reuters.com
[Reuters] - "There is no credit crunch, in general, in Portugal," chief executive Ricardo Espirito Santo Salgado told journalists. "There may be a credit crunch for companies in some sectors that rely on the domestic market." (Reporting By Sergio Goncalves
Portugal's private debt mountain threatens recovery
business.financialpost.com
[Financial Post] - By Sergio Goncalves and Andrei Khalip LISBON – Portugal has won plaudits from international lenders for tackling its public debt crisis head on, but a heavy schedule of expiring private debt threatens to undermine government efforts to nurse a
EDP profit up 4 pct, beats forecast
www.reuters.com
[Reuters] - EDP stocks had closed percent higher at euros before the announcement, underperforming the broader market in Lisbon, which rose 1 percent. ($1 = euros) (Reporting By Sergio Goncalves and Andrei Khalip)
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