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Portugal buffeted by Greek budget storm

Portugal is under pressure to convince investors that its public finances are under control - a tough job for the Socialist government after the country's credit rating was downgraded.…   read more»

TAP Portugal swings to 2009 profit

TAP Portugal recorded a 2009 net profit of €59 million ($79 million), a sweeping reversal from the €209 million deficit incurred in 2008, crediting its change in fortunes to declining fuel prices, cost-cutting measures, a "selective" capacity reduction and a commercial policy that allowed it to minimize the fall in revenue.…   read more»

Portugal out of recession, but Finland sinks

Portugal joined the ranks of EU countries coming out of recession as official data today showed the economy returning to growth in the second quarter.…   read more»

Portugal business confidence gains again in July

Portugal's economic climate indicator, which measures business confidence, improved for the third straight month in July to a negative reading of 1.6 from June's minus 2.0, the National Statistics Institute (INE) said on Thursday.…   read more»

Less Pain, More Gain

Portugal's pre-credit crunch party was not as wild as that of many other countries, and its hangover should be much less severe as a result.…   read more»