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Eurozone in panic as Athens teeters on brink of default

Eurozone in panic as Athens teeters on brink of default

30 June 2015 | 0 comments

Greece was teetering on the brink of a default that could see it crash out of the euro hours before a key debt deadline was due to expire on Tuesday, as the country's prime minister warned Athens's coffers...

Portugal 'well-equipped to resist damage from Greece'

Portugal 'well-equipped to resist damage from Greece'

29 June 2015 | 0 comments

Portugal's economy will escape substantial damage from a further deepening of the crisis in Greece, its president and prime minister said Monday.Portugal is widely considered to be the next weakest eurozone...

Western Europe bakes in heatwave

Western Europe bakes in heatwave

29 June 2015 | 0 comments

Temperatures soared above 40 degrees (104 degrees Fahrenheit) in Spain and Portugal on Monday prompting health concerns and the scorching heat was expected to move north to France and Britain later in...

Spain, Portugal bake in heatwave

Spain, Portugal bake in heatwave

29 June 2015 | 0 comments

Temperatures soared above 40 degrees (104 degrees Fahrenheit) across Spain and Portugal on Monday, prompting heat alerts, raising the risk of wildfires and drawing crowds to beaches and fountains.Spain's...

3 exchange rate moving developments to watch out for this week – Eurozone inflation, US non farm payrolls, UK PMIs

3 exchange rate moving developments to watch out for this week – Eurozone i...

29 June 2015 | 0 comments

Although economic reports for the UK were in extremely short supply this week, the pound still fluctuated against the euro and US dollar. [Contributed by TorFX]

Strike against privatisation shuts Lisbon metro

26 June 2015 | 0 comments

A strike brought Lisbon's metro system to a halt Friday in the latest protest against a wave of privatisations in Portugal.The network's 400,000 daily users were forced onto buses to get to work, with...

Mozambique marks 40 years of independence with pomp and parades

25 June 2015 | 0 comments

Mozambique on Thursday marked 40 years of independence from Portugal with military parades and displays in extravagant ceremonies that were shunned by the opposition.Some 40,000 people attended the festivities...

Mozambique still searching for identity: author Mia Couto

Mozambique still searching for identity: author Mia Couto

24 June 2015 | 0 comments

Forty years after its independence, Mozambique remains a nation under construction, fraught with divisions that threaten to drag it back into war, said Mia Couto, one of the country's leading writers."We...

Mozambique, Angola mark 40 years of independence from Lisbon

Mozambique, Angola mark 40 years of independence from Lisbon

24 June 2015 | 0 comments

Mozambique and Angola this year mark four decades of independence from Portugal, with robust economic growth rates buoyed by abundant natural resources giving the southern African nations reason to celebrate.A...

Spain, Portugal demand Greek 'guarantees' on debt deal

Spain, Portugal demand Greek 'guarantees' on debt deal

22 June 2015 | 0 comments

Spain and Portugal warned Greece Monday it must give firm "guarantees" to seal a debt deal with European leaders, as Athens made a fresh bid to unlock bailout funds need to avoid a default.Portugal --...

First UN Mandela prize awarded to ex-Portuguese leader, Namibian eye doctor

First UN Mandela prize awarded to ex-Portuguese leader, Namibian eye doctor

22 June 2015 | 0 comments

Portugal's former leftist president Jorge Sampaio and Namibian eye specialist Helena Ndume were awarded the first UN Nelson Mandela Prize on Monday for their work to better humanity.The UN General Assembly...

Three dead in new Portugal bus crash

Three dead in new Portugal bus crash

19 June 2015 | 0 comments

A bus crash in Beja in southern Portugal on Friday killed at least three people and injured 20 others, civil defence rescuers said, just two days after another coach accident killed four Dutch tourists.Local...

Portugal says it is no longer financially 'desperate'

Portugal says it is no longer financially 'desperate'

19 June 2015 | 0 comments

Portugal's prime minister said Friday that the eurozone's resilience and the country's newfound economic stability would enable it to withstand the Greece crisis without "desperation and worry". "The...

Toll from Portugal tourist bus crash rises to four

Toll from Portugal tourist bus crash rises to four

19 June 2015 | 0 comments

The toll from a Dutch tourist bus crash in southern Portugal rose to four on Friday after a 64-year-old woman died of the injuries sustained in the late Wednesday accident, hospital sources said.Five...

Three Dutch tourists killed in Portugal bus crash

Three Dutch tourists killed in Portugal bus crash

18 June 2015 | 0 comments

Three Dutch tourists were killed and 31 people injured when their bus crashed in southern Portugal late Wednesday, officials and media reports said.The bus was carrying 33 tourists and a driver when it...

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