LISBOA | By José Alves via capitalmadrid.com | Now the debt ratio in Portugal has risen almost 30 points to about 130% of GDP, the budget gap will exceed 8% this year and the unemployment rate approaches 20%.
MADRID | By Julia Pastor |Portugal and Slovenia’s debt comes back to the dangerous rate of 7%, while S&P’s responsible for EMEA defends that there is no immediate threat to peripheral countries’s debt since some of them have been able to pre-fund its needs.
MADRID | By Julia Pastor | Small and medium size companies are the most vulnerable side of the European economy, but also the most powerful weapon to get out of the crisis. Germany will develop a €10 billion credit plan to move peripheral countries SMEs for their own export engine works.
LISBON | The Portuguese Constitutional Court’s rejection of some proposed austerity measures is the latest setback for Portugal’s government. However, this is an opportunity truly to reform the state and end the current impasse.
Contagion has been bucked in the eurozone, in spite of the instability markets forecast over Italian politics.
From Presseurope.eu | By Daniel Oliveira | More than a million people of all ages took to the streets of Portugal on March 2 to demand an end to austerity. The growing discontent could bring down the political system that has been in place since the fall of the dictatorship.
Presseurop.eu | By François Musseau |European leaders are counting on Portugal to set an example of how austerity can succeed when it is applied seriously. Sadly, despite a unprecedented tightening of the screw, Lisbon is still being forced to sell off its “crown jewels” to halt its spiralling debts.
Presseurope | by Karin Finkenzeller | Hard-hit by the crisis, Lisbon is wooing rich investors from its former colonies. Anyone who invests in the country has a good chance of obtaining a visa — and an open door to the rest of Europe.
Almost all analysts have interpreted Mario Draghi’s comments about the “legality” of buying bonds with a duration of less than three years as a preview…
By Tania Suárez, Madrid | It seems that September will be a busy month, the beginning of a year full of interesting appointments for investors….