Lisbon
LISBON - Portuguese rail workers staged a strike Thursday to protest government austerity measures while the yield on Portuguese 10-year bonds soared to a record 7.6 percent.
LISBON, Portugal - Portugal has raised euro1.68 billion ($2.14 billion) in a debt auction, attracting strong investor interest a day after Moody's credit rating agency downgraded its bonds.
LISBON, Portugal - Moody's credit rating agency downgraded Portugal's debt on Tuesday, casting fresh doubt on the country's ability to weather its debt crisis as the economy weakens.
LISBON, Portugal - Portugal Telecom says it is open to negotiations with Telefonica over the Spanish company's euro7.15 billion ($9.04 billion) offer for PT's stake in Brazil's leading cell phone company, Vivo.
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- Europe tries to douse debt crisis
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- Portugal comes under increased market pressure
- EU warns Portugal to ready extra budget cuts
- Portugal's main parties reach key deal on debt
- Portugal sells $1.34 billion worth of bonds
- Portugal adds austerity measures
- Portugal uses privatizations to drive down debt
- Portuguese govt defeated on austerity measures