Portugal
Portugal Articles
thinkstockThe European Central Bank announced a negative interest rate policy on Thursday. It may not have been enough for the stimulus-addiction crowd, but this is truly an experiment. If the banks...
Published:
ThinkstockAfter a battle between Portugal’s top court and its central government over the constitutionality of certain austerity measures, the prime minister says he will pursue any legal means he...
Published:
Last Updated:
ThinkstockThe highest court in Portugal ruled that some of the austerity measures to be employed by the government to curtail deficits are not constitutional. In reaction, the central government said...
Published:
Last Updated:
The bailout of Greece is virtually assured because the Germany parliament has approved funds for the action. The International Monetary Fund and other European Union nations also have assured...
Published:
Many economists are more worried about the contagion that a Greek default would bring than about the default itself. The eurozone may increase the size of its 440 billion euro European Financial...
Published:
Stocks are supposed to be the ideal long-term investment because the history of the market is that it rises relentlessly, with a few bumps along the way. But Americans have turned their backs on...
Published:
Germany’s GDP rose by 1.5% in the first quarter. France’s was higher by 1%. The numbers are nothing to brag about, but they are far better than those of the weak economies of Ireland, Greece and...
Published:
A US-style stimulus may be all that is between defaults of the sovereign debt of Greece, Portugal, and Ireland. It is a plan which is extremely unlikely to be undertaken, but it may be the only one...
Published:
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the...
Published: