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- Futures lifted by Greece rescue talk
NEW YORK (Reuters) - Stock index futures rose on Tuesday, buoyed by hopes that European Union nations could bail out debt-burdened Greece. Worries that rising debt in Greece, Portugal and other euro zone states could undermine a global recovery has
- The Bankrupt PIGS of Europe
(Pat Buchanan)
Pat Buchanan - They are called the PIGS — Portugal, Ireland, Greece, Spain. What they have in common is that all are facing deficits and debts that could bring on national defaults and break up the European Union.
- ECB May Be Forced to Delay Exit Amid Greece Concern (Update1)
Feb. 9 (Bloomberg) -- The European Central Bank may be forced to delay the withdrawal of emergency lending measures because it could inflame financial-market concerns about Greece, Spain and Portugal, economists said. Investors are already dumping those
- REN to invest EUR 50m in Portugal-Spain electric line - report
- Portuguese electricity grid operator REN (ELI:RENE) will invest EUR 50 million (USD 68.2m) in a new network to connect the country's southern region of Algarve to Spain. The company will start in the coming month the construction of a line between
- Portugal: Public sector workers protest pay freeze
Last Friday, tens of thousands of Portugal’s public sector workers demonstrated in Lisbon against a planned wage freeze. The protest was called by the Common Front union. “There has to be a pay rise,” said Nuno Amaral, a computer engineer from
- European stocks stabilize but debt fears linger
(AP)
 AP - Markets stabilized in Europe on Monday, but fell in Asia and the U.S., as investors weighed their fears of the debt crisis enveloping eurozone countries like Greece and Portugal against the temptation to buy some stocks on the cheap after last week's vicious sell-off.
- European stocks take a breather from debt fears
(AP)
AP - European markets recovered somewhat Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal to buy into stocks made cheaper by last week's vicious sell-off.
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