Portugal’s PM Socrates steps down over austerity rebuff
GenevaLunch News Portugal’s Prime Minister Jose Socrates has handed his resignation to President Anibal Cavaco Silva. The Wednesday evening resignation follows the fourth defeat in parliament of his...
View ArticleFinland’s election touches Portugal’s bailout demand
GenevaLunch News The strong showing of Finland’s nationalist True Finns party in elections Sunday 17 April have put a damper on Portugal’s bid for a European Union financial bailout. The party zoomed...
View ArticleStock markets drop on news of Irish debt rating, Italian borrowing costs up
GenevaLunch News GENEVA, SWITZERLAND – World stock markets slid early Wednesday 13 July as investors’ nerves were tested, first by Ireland Tuesday evening becoming the third Eurozone country after...
View ArticlePortugal passes muster for next funding round
GenevaLunch News Greeks bonds out as collateral GENEVA, SWITZERLAND – Portugal will get the nice euros 14 billion of the 78bn allotted to it as part of a european bailout package. The country’s...
View ArticleGeneral strike against austerity measures hits Portugal
GenevaLunch News GENEVA, SWITZERLAND – Trains were halted and public transport in Lisbon stopped on Thursday 22 March as Portugal’s largest union vowed to bring the country to a standstill in protest...
View ArticlePortuguese balk at new belt-tightening measures
GenevaLunch News GENEVA, SWITZERLAND – Portugal is taking to the streets in a wave of renewed protests following the announcement Monday 15 October of the 2013 budget. Next year’s budget calls for...
View ArticlePortugal attacked on a new front: not the economy, but Guinea-Bissau
GenevaLunch News Six killed in attack on elite military barracks GENEVA, SWITZERLAND – Six soldiers died when their military barracks were attacked near the airport in the capital, late Sunday 21...
View ArticleFlights to and from Spain cancelled as Spanish strike
GenevaLunch News GENEVA, SWITZERLAND – The arrivals and departures boards at Geneva and Zurich airports say it simply: no flights to and from Spain today, thanks to a general strike in Spain, part of...
View ArticlePortuguese Fado star’s rich offer delights Geneva crowd
GenevaLunch News GENEVA, SWITZERLAND – Ana Moura, a leading representative of a new generation of Portuguese fado music, began her world tour Thursday 31 January at Geneva’s Victoria Hall, where she...
View ArticlePorto added to Geneva flights, new French regional group flying
GenevaLunch News GENEVA, SWITZERLAND – Swiss, the airline, will be running Airbus flights between Geneva and Porto, in Portugal, during the 2013 summer season, the company announced this week. Starting...
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