Government

By CHRIS GRAEME chris.graeme@theresidentgroup.com The Portuguese Government has cancelled the tendering competition for the TGV high-speed rail link’s second branch line between Lisbon and Poceirão near Setubal. Before making the

Portugal borrowed 4.4 billion Euros on the international money markets between January and June to “see through the crisis”. Foreign bank loans in May alone reached 3.6 billion Euros at

Government exemptions to a controversial new virtual toll charge on Portugal’s ‘A’ roads and dual carriageways could rob the State treasury of 200 million Euros by 2012. At present, the

By CHRIS GRAEME chris.graeme@theresidentgroup.com NATO Secretary-General Anders Rasmussen warned that European members needed to invest in modernising their armed forces. Speaking in Lisbon during a one-day trip to the Portuguese

By CHRIS GRAEME chris.graeme@theresidentgroup.com A package of moderate tax increases has been announced by the Government to bring Portugal’s 9.3 per cent budget deficit back to 7.3 per cent of

By CHRIS GRAEME chris.graeme@theresidentgroup.com The Portuguese government has pledged to bring its public spending deficit back to below three per cent of the European Union’s Growth & Stability Pact by

A sociologist and former government minister has predicted that the current José Sócrates government will be a failure and of short duration. In an interview with the current affairs magazine

The relationship between the offices of the President of the Republic and the Prime Minister hit rock bottom this week after it was alleged that the government was spying on

Discriminatory action is to be taken against Portugal by the European Commission (EC) in relation to taxes collected by the government from foreign lotteries. According to Portuguese taxation laws, income

THE PORTUGUESE banking system has given the government short shrift after the Finance Minister ordered it to start lending or face having credit guarantees withdrawn. Finance Minister Fernando Teixeira dos