News | Latest Breaking News Stories & Headlines

Firefighters tackle a wildfire close to the village of Pucarica in Abrantes

Portuguese firefighters gain control against wildfires

Firefighters aided by calmer winds were gaining control of wildfires raging across drought-hit Portugal but warned the fire danger remained high in the coming days.

News • 11 Aug 17

The two occupants of the plane were unhurt

Young girl and man killed after plane lands on beach

An eight-year-old girl and a man were killed while sunbathing when a small plane plummeted on to a crowded beach in Portugal, apparently due to engine failure.

World • 02 Aug 17

Firefighters worked through the night to contain the blaze

Firefighters struggle to contain Portugal forest blaze

Firefighters struggled to gain complete control over Portugal's deadliest forest fire on record which killed 64 people at the weekend.

Europe • 20 Jun 17

Portuguese Prime Minister described the fires as the 'biggest human tragedy in Portugal in living memory'

Fireman dies in hospital as Portuguese death toll rises

More than 1,000 firefighters are still battling Portugal's deadliest forest fire after it killed dozens over the weekend.

World • 19 Jun 17

A firefighter battles with a fire in Pampilhosa da Serra, central Portugal

At least 62 people killed in Portuguese forest fires

Portugal has declared three days of national mourning after the most deadly forest fire in its recent history left at least 62 people dead.

World • 18 Jun 17

Kate and Gerry McCann pictured during a BBC interview ahead of the tenth anniversary of Madeleine's disappearance

McCanns vow to do 'whatever it takes' to find Madeleine

The parents of Madeleine McCann have vowed to do "whatever it takes for as long as it takes" to find her as they prepare to mark the tenth anniversary of her disappearance.

World • 30 Apr 17

Euro zone members are required to keep their public deficits to below 3% of GDP

Portugal cuts deficit to lowest ratio since democracy

Portugal slashed its public sector deficit by more than half in a single year, when measured as a proportion of GDP, the national statistics bureau has said, taking the shortfall comfortably below euro zone limits.

Business • 24 Mar 17

Italy's ten-year government bond yield has risen about 21 basis points this year to around 1.81%, while Portuguese equivalents have soared about 123 bps to around 3.75%

Italian, Portuguese bond yields on track to rise

Italian and Portuguese government bond yields are on track to end 2016 with their first yearly rise since the 2011 euro zone debt crisis.

Business • 30 Dec 16

About 50 tourists were evacuated from a hotel just north of the coastal town of Portimao

Hotel evacuated due to forest fires in Algarve

Portugal's Algarve tourist region is the latest to be hit by violent forest fires, prompting the evacuation of a luxury hotel and three hamlets, officials said.

World • 08 Sep 16

Smoke rises over Galeao and Alegria in Sao Roque, Mareira following forest fires

At least four killed in fires in Portugal

At least four people died and more than 1,000 were evacuated on the Portuguese island of Madeira when forest fires, raging for a third day, spread to Funchal.

News • 11 Aug 16

The EU Council said Spain would have two more years to bring the deficit below 3%, while Portugal would have just one more year to reduce its deficit to 2.5%

New deadlines for Spain and Portugal over deficits

European Union states have agreed to cancel budget fines for Spain and Portugal and to set new deadlines for them to rein in their excess deficits, their representative body in Brussels has said.

Business • 09 Aug 16

The EU has to date not dared to use its full powers against euro zone overspending for fear of triggering a populist backlash

Spain, Portugal escape excessive deficit fines

The European Commission has backed away from slapping fines on Spain and Portugal for running high deficits, in what would have been a landmark move by the EU to impose tough budget rules.

Business • 27 Jul 16

Spain and Portugal now have 10 days to lobby the EU to impose no penalty

Spain proposes tax hike to avoid EU deficit fine

Spain's acting Economy Minister Luis de Guindos today proposed hiking corporate taxes to avoid a fine from the European Commission for repeatedly failing to bring government deficits into line.

Business • 12 Jul 16

ECB chief Mario Draghi said that central banks can benefit from an alignment of policies

Better coordination urged between central banks

European Central Bank president Mario Draghi today called for better policy coordination between the world's major central banks in order to meet the challenges of today's global economy.

Business • 28 Jun 16

European Commission warns Government to keep public spending under review

Ireland exits EU's 'Excessive Deficit Procedure'

Ireland has formally exited a seven-year period of economic scrutiny by the European Commission first imposed at the height of the economic and financial crisis.

Business • 18 May 16

Marcelo Rebelo de Sousa casting his vote for the presidential election in Celorico de Basto, north of Portugal

Rebelo de Sousa wins Portuguese presidency

A 67-year-old law professor and TV pundit, Marcelo Rebelo de Sousa, won the Portuguese presidency, according to election results from 97% of constituencies.

News • 24 Jan 16

Portugal PM Pedro Passos Coelho saw his government's programme voted down

Portugal's left-wing opposition topples govt

Portugal's left-wing opposition alliance toppled the country's centre-right minority government today in a parliamentary vote, less than two weeks after it was sworn in.

News • 10 Nov 15

2014 was the first full-year of economic growth in Portugal since 2010

Portugal's economy returns to growth in 2014

Portugal's economy returned to growth in 2014 with an expansion of 0.9%, after contracting by 1.4% the year before.

Business • 27 Feb 15

Portugal to start 'the necessary proceedings for the early repayment of the sums owed to the IMF'

Portugal says will repay IMF bailout loans early

Portugal will this year begin the process of early repayment of bailout loans to the International Monetary Fund, Finance Minister Maria Luis Albuquerque said today.

Business • 21 Jan 15

WHO described the outbreak as a 'major public health emergency'

Legionnaire's outbreak kills 10 in Portugal

An outbreak of Legionnaire's disease at a Lisbon suburb that has killed ten people and infected over 300 others over the past two weeks has ended, Portugal's health minister said.

News • 21 Nov 14

The share of unemployed young people in Portugal fell to 32.2% in Q3 from 35.6% in Q2

Portugal's Q3 jobless rate falls to 13.1%

Portugal's jobless rate fell for the sixth consecutive quarter in the three months that ended in September, to 13.1% from 13.9% in the previous quarter, in another sign of an improving economy.

Business • 05 Nov 14

The bill is to be put to parliament on Wednesday

Portugal set to approve first post-bailout budget

Portugal's government has adopted its first budget since its May exit from a bailout overseen by the EU, European Central Bank and the IMF.

News • 12 Oct 14

Portugal exited its international aid programme in May

Portugal to miss deficit target

Portugal is set to breach its public deficit target this year after new accounting rules forced it to raise its forecast to 4.8% of economic output, official data have showed.

Business • 30 Sep 14

Portugal's minimum monthly wage to rise by 4% from next month to €505

Portugal to raise minimum wage by 4%

Portugal's government, representatives of labour unions and employers have reached a deal to raise the minimum monthly wage by 4% from next month to €505 after a four-year freeze.

Business • 25 Sep 14

Portugal may follow Ireland's lead in IMF loan repayments

Portugal could follow Ireland in repaying IMF

Portugal could follow Ireland in paying back early the IMF part of its bailout loans when it sees adequate conditions for such a move, Finance Minister Maria Luis Albuqueque said today.

Business • 09 Sep 14