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Portugal paralysed as workers protest

A general strike has grounded flights and paralysed public transport in Portugal as workers protested a tough 2012 budget aimed at helping the country pay its debt. …   read more»

Obama says EU has laid foundation to solve crisis

(Reuters) - U.S. President Barack Obama said on Thursday that European Union leaders have laid "a critical foundation" to solve the eurozone debt crisis with their deal announced Wednesday evening. …   read more»

Portuguese banks pass stress tests, daily says

Lisbon - Portuguese banks have passed the stress tests of the European Banking Authority (EBA), the daily Diario Economico reported Tuesday. …   read more»

Officials arrive in Portugal to prepare €80bn deal

INTERNATIONAL Monetary Fund, European Commission and European Central Bank officials arrived in Lisbon on Tuesday as they start preparing an estimated €80bn aid programme for Portugal, the third euro-region nation to request a bailout in a year. …   read more»

Portugal bail-out set to be discussed by EU

Portugal's bail-out request is expected to be discussed when EU finance ministers meet later in Budapest. …   read more»