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Portugal to keep Miro collection

27 September 2016 | 0 comments

The Portuguese government said Tuesday it had decided to keep 85 works by famed Spanish artist Joan Miro in the country after an uproar over their proposed sale to foreign buyers.The paintings, estimated...

Portugal's Guterres holds lead in UN chief race

26 September 2016 | 0 comments

Portugal's former prime minister Antonio Guterres maintained his lead in the race to become the next UN secretary-general following a fifth straw poll by the Security Council on Monday, diplomats said.Bulgaria's...

Portugal's Guterres still leads in UN chief race

26 September 2016 | 0 comments

Portugal's former prime minister Antonio Guterres maintained his lead in the race to become the next UN secretary-general following a fifth straw poll by the Security Council on Monday, diplomats said.Guterres,...

Man spends 43 years in wheelchair on wrong diagnosis

25 September 2016 | 0 comments

A Portuguese man spent 43 years in a wheelchair because of a mistaken medical diagnosis, finally re-learning to walk only in his fifties, a newspaper reported on Sunday.When Rufino Borrego was 13, he...

Portugal to probe CGD, country's largest bank

24 September 2016 | 0 comments

Portugal has launched a probe into the state-owned Caixa General de Depositos bank, prosecutors said Saturday, with local media reporting that the investigation would centre on allegations of mismanagement...

Angry Barroso says Goldman Sachs 'not a drug cartel'

23 September 2016 | 0 comments

Former European Commission head Jose Manuel Barroso on Friday hit back at those who attacked him for taking a job at Goldman Sachs, saying with an ironic swipe that the US bank "is not a drug cartel.""Why...

Spain's CaixaBank sells stake to fund BPI takeover

22 September 2016 | 0 comments

CaixaBank, Spain's third largest lender, said Thursday it would sell nearly 10 percent of its shares for around 1.4 billion euros to help finance its planned takeover of Portugal's BPI.The Barcelona-based...

Spain's Caixabank raises offer for Portuguese bank BPI

21 September 2016 | 0 comments

CaixaBank, Spain's third biggest lender, on Wednesday increased its offer for BPI after shareholders in the Portuguese bank agreed to end voting-rights limits, paving the way for the fresh takeover bid.The...

Shareholders clear way for Portugese bank buyout by CaixaBank

21 September 2016 | 0 comments

Shareholders in Portuguese bank BPI approved a change in their voting rights Wednesday, its bosses said, opening the way for a takeover bid by Spain's CaixaBank.Spain's third-biggest lender launched in...

Europe's teens smoking, drinking less but drugs still high: study

20 September 2016 | 0 comments

Europe's schoolchildren are drinking and smoking less than their predecessors, but illicit drug use remains at "high levels", a new study published Tuesday shows."Smoking and drinking among 15- and 16-year-old...

Portugal seeks assurances over EU's treatment of Barroso

16 September 2016 | 0 comments

Portugal's prime minister on Friday said he had called for "clarifications" from European Commission head Jean-Claude Juncker that there would be no "discriminatory treatment" of his EC predecessor Jose...

Spanish crash train going four times speed limit:: black boxes

13 September 2016 | 0 comments

The train that derailed and killed four people in Spain was travelling at 118 kilometres per hour, a court said Tuesday based on information from its black boxes, on a track that allowed just 30 kph.The...

France backs EU ethics probe into Barroso's Goldman job

13 September 2016 | 0 comments

French President Francois Hollande Tuesday threw his weight behind a Brussels probe into whether former European Commission chief Jose Manuel Barroso breached EU ethics guidelines by joining US bank Goldman...

Speeding most likely cause of Spanish train crash: mayor

10 September 2016 | 0 comments

Excessive speed is the most likely cause of a train crash in northwestern Spain which killed four people, the mayor of the local town suggested Saturday.The train carrying tourists to Portugal veered...

American, Portuguese among four dead in Spain train crash

9 September 2016 | 0 comments

A train carrying tourists to Portugal from northwestern Spain veered off the tracks and smashed into a pillar Friday, killing its Portuguese driver as well as a US passenger and two Spaniards.The train,...

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