Portugal Passes Latest Bailout Test

Country has stuck with its agreed program of austerity measures, featuring pay cuts and tax hikes, and broad economic reforms

BING NEWS:
  • Portugal passes bailout review, expects to meet 2013 target
    LISBON (Reuters) - Portugal's international lenders have approved the country's progress in the latest review of its bailout, pushing the euro zone member closer to a smooth exit from the lending programme in mid-2014. Portugal emerged from its deepest ...
    12/16/2013 - 7:08 am | View Link
  • Portugal passes latest eurozone bailout test
    Representatives from the International Monetary Fund, the European Commission and the European Central Bank have approved Portugal's economic progress. A programme of cuts and reforms was promised by Portugal's leaders in return for its May 2011 bailout.
    10/3/2013 - 9:23 am | View Link
  • Portugal passes bailout test, gets more funding
    LISBON, Portugal (AP) — Portugal has passed the latest test of its compliance with the terms of its bailout and qualified for around 5.5 billion euros ($7.5 billion) in further funding from creditors, officials said Thursday. However, the creditors who ...
    10/3/2013 - 6:56 am | View Link
  • Portugal passes test to get another batch of its bailout funds as austerity crunches growth
    LISBON, Portugal – Portugal has passed the latest test of its compliance with the terms of its €78 billion ($100 billion) bailout, meaning it qualifies to get the next installment of its rescue loans. Finance Minister Vitor Gaspar said Monday that ...
    11/18/2012 - 11:00 am | View Link
  • Portugal’s new budget passes first hurdle
    Portugal is scrambling to meet its targets under a 78 billion euro bailout agreement with the European Union and International Monetary Fund. Coelho must now wait to see if his coalition government’s latest 2013 budget plans will be challenged by the ...
    10/31/2012 - 9:35 am | View Link
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