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The great Portuguese hollowing out

The Tagus river in Lisbon.

With every passing day Portugal has less and less economy left, while fewer and fewer people remain to pay down the debt.

February 25th, 2013 | Posted in Business, Featured, Portugal News | Read More »

Bailout beckons as Portugal’s Sócrates resigns

José Sócrates failed to convince other political parties of the need for further cuts.

Portugal moves a step closer to a Greek-style crisis as the Socialist prime minister steps down after an unsuccessful congressional vote on measures to cut the deficit.

March 24th, 2011 | Posted in Politics, Portugal News | Read More »

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