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Portugal refuses to extradite Indian bombing suspect

12 February 2016 | 0 comments

Portugal has refused a request from New Delhi to extradite an Indian man suspected of involvement in a bombing and murder because he has refugee status in Britain, Lisbon's justice ministry said Friday.Justice...

Expat currency news — Pound softens on poor UK data as stock market rout boosts safe-haven currencies

Expat currency news — Pound softens on poor UK data as stock market rout bo...

12 February 2016 | 0 comments

If you have a foreign currency transfer coming up, securing a competitive exchange rate can make a big difference on how much you receive. [Contributed by TorFX]

Eurozone bond investors flee Greece, Portugal for German safety

11 February 2016 | 0 comments

Government bond markets across the eurozone scissored wide apart on Thursday as investors fled Portugal and Greece for the relative safety of German bonds.Government bond prices fell sharply across the...

Internet is growing market for illegal drugs, says EU watchdog

11 February 2016 | 0 comments

The Internet is now a growing and varied market place for trading illegal drugs in Europe, the European Union's watchdog agency said on Thursday."Almost any kind of illegal drug can be bought today on...

Portugal's parliament overturns veto on gay adoption

10 February 2016 | 0 comments

Portugal's parliament on Wednesday upheld a bill giving adoption rights to gay couples by overriding a veto handed down in one of the last political moves by the country's outgoing conservative president.Lawmakers...

Portugal boosts govt's TAP airline stake to 50%

6 February 2016 | 0 comments

Portugal's new Socialist government said Saturday it had boosted its stake in national airline TAP to 50 percent from 39 percent in line with an election pledge of re-nationalisation.Prime Minister Antonio...

Under EU pressure, Portugal cuts 2016 deficit target

5 February 2016 | 0 comments

Portugal said on Friday it had cut its budget deficit target for 2016 to 2.2 percent of gross domestic product (GDP) from a previously announced target of 2.6 percent.The government -- under pressure...

EU approves Portugal budget despite concerns

5 February 2016 | 0 comments

The European Commission on Friday approved Portugal's draft budget for 2016, but warned that more efforts would be needed by the socialist-led government to avoid a breach of EU rules on spending.The...

EU approves Portugal budget despite concerns

5 February 2016 | 0 comments

The European Commission on Friday approved Portugal's draft budget for 2016, but warned that more efforts would be needed by the socialist-led government to avoid a breach of EU rules on spending.The...

Expat currency news — Pound declines after BoE unanimously holds rates

Expat currency news — Pound declines after BoE unanimously holds rates

5 February 2016 | 0 comments

If you have a foreign currency transfer coming up, securing a competitive exchange rate can make a big difference on how much you receive. [Contributed by TorFX]

Stick to path of reforms: Merkel to Portugal

5 February 2016 | 0 comments

German Chancellor Angela Merkel on Friday urged Portugal to stick to its commitments on economic reforms, as concerns grow that the new Socialist-led government was easing off on budget discipline."The...

Portugal cabinet adopts budget without waiting for EU blessing

4 February 2016 | 0 comments

The Portuguese government on Thursday adopted its 2016 draft budget, a day before the European Commission was due to deliver its verdict on the country's progress towards more austerity.The EU Commission...

Portugal government adopts 2016 draft budget without EU's approval

4 February 2016 | 0 comments

The Portuguese cabinet on Thursday adopted its 2016 draft budget without waiting for EU Commission approval, a government spokesman said.The EU Commission had asked Portugal to revise its budget to adopt...

IMF and EU warn Portugal against 'loosening' budget effort

4 February 2016 | 0 comments

Portugal's former international creditors voiced concern Thursday over a "loosening" of budget discipline and urged the new Socialist-led government to do more to spur economic recovery.The International...

IMF worried over Portugal's budget 'loosening'

4 February 2016 | 0 comments

The International Monetary Fund (IMF) urged Portugal on Thursday to do more to spur economic recovery, voicing concern over a "loosening" of budget discipline by the new Socialist-led government."Portugal...

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