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ECB raises benchmark rate to 1.25%
07/04/2011 - BUSINESS MATTERS

ECB raises benchmark rate to 1.25%

It's no big surprise - the European Central Bank did raise its benchmark rate to 1.25%. Was it the right move to make? And what impact will it have on countries such as Portugal and Greece? Find out more with our business editor Stéphane Marchand.
EU finance ministers to discuss bailout package for Portugal
07/04/2011 - PORTUGAL

EU finance ministers to discuss bailout package for Portugal

European Union finance ministers head for talks in Hungary Thursday to discuss a financial bailout package for Portugal after the country's outgoing Prime Minister Jose Socrates finally accepts the EU's offer to help avoid economic collapse.
Portugal's outgoing PM asks EU for financial help
06/04/2011 - PORTUGAL

Portugal's outgoing PM asks EU for financial help

Portugal’s outgoing Prime Minister has decided to seek financial help from the European Union to resolve its massive debt crisis, despite having resisted a bailout for months.
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Portugal borrowing cost skyrockets as bailout looms
06/04/2011 - PORTUGAL

Portugal borrowing cost skyrockets as bailout looms

Portugal was forced to pay high interest rates to raise €1 billion in treasury bills on Wednesday, as the country appears increasingly likely to ask for a massive bailout to alleviate its mounting debt burden.
Moody’s downgrades Portugal’s credit rating for a second time
05/04/2011 - PORTUGAL

Moody’s downgrades Portugal’s credit rating for a second time

Moody's downgraded Portugal's credit rating for the second time in less than a month on Tuesday. Portuguese newspaper Jornal de Negocios reported that the heads of the country’s biggest bank has urged the government to seek a hefty short-term loan.
Libya: Bulgarian nurse speaks out about Gaddafi
05/04/2011 - THE WEEK IN EUROPE

Libya: Bulgarian nurse speaks out about Gaddafi

In an exclusive report from Sofia, we meet with one of the Bulgarian nurses who was sentenced to death after being accused by the Gaddafi regime of infecting Libyan children with HIV. Also, embattled Guido Westerwelle resigns as the head of his party but stays on as Germany's foreign minister. Finally, a message in a bottle gets an answer, a quarter of a century after it was sent.
Portugal on brink of bailout
29/03/2011 - BUSINESS MATTERS

Portugal on brink of bailout

Portugal’s Prime Minister Jose Socrates has stepped down after his government’s latest austerity package was rejected in parliament. Now the country is on the brink of bailout... To discuss this issue, our guest is Olivier Leroy, CEO of Detroyat Associés.
Economy: Europeans demonstrate against austerity measures
28/03/2011 - THE WEEK IN EUROPE

Economy: Europeans demonstrate against austerity measures

Protestors out in force in London, a political crisis in Portugal... Governments across Europe are feeling the heat in the face of public anger over austerity measures. Meanwhile it's the nuclear issue that's proving a headache for Angela Merkel. Her party loses out in local elections as the political fallout from Fukushima hits Germany.
Jean Pisani-Ferry, Director of Bruegel
25/03/2011 - THE BUSINESS INTERVIEW

Jean Pisani-Ferry, Director of Bruegel

Following the resignation of Portugal's Prime minister, a bailout request seems inevitable. Will the country follow in the path of Ireland and Greece? To discuss these issues, France 24's Tom Burges Watson spoke to Jean Pisani-Ferry, Director of Bruegel, a European think tank based in Brussels.
Eurozone finance chair predicts Portugal will avoid bailout
25/03/2011 - PORTUGAL

Eurozone finance chair predicts Portugal will avoid bailout

Luxembourg's Prime Minister Jean-Claude Juncker, who chairs the group of eurozone finance ministers, said Friday that Portugal will likely be able to avoid a bailout but added that if one is needed, €75 billion would be "appropriate".
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