Search for Jose Socrates and
  1. June 6, 2011

    Life after Sócrates

    Europe’s financial crisis has claimed another centre-left scalp. In Portugal’s general election on Sunday, José Sócrates’...

  2. June 6, 2011

    PM-elect aims to implement Portugal bail-out

    Pedro Passos Coelho, Portugal’s prime minister-elect, said on Monday he was prepared to “go beyond” the country’s €78bn...

  1. June 6, 2011

    Portugal: different leader, same problems

    Different government, same problem. On Sunday, Portuguese voters sent their government packing and have likely ushered in...

  2. June 1, 2011

    Portugal’s voters feel ignored by leaders

    An elderly man is brushed aside by security agents as he tries to speak to José Sócrates, Portugal’s prime minister, during...

  3. May 31, 2011

    Portugal opposition ahead in polls

    Portugal’s centre-right Social Democrats (PSD), the main opposition party, have pulled further ahead of the governing...

  4. May 4, 2011

    Lisbon’s surrender to its new lenders

    When Portugal was frogmarched to the European financial stability facility by the country’s banks – which on a cue from the...

  5. May 4, 2011

    Portugal faces pain despite rescue

    Portugal faces a deep recession and three years of tough austerity measures, according to its €78bn financial rescue...

  6. May 4, 2011

    Portugal: too much carrot, not enough stick

    Too much carrot, not enough stick. Portugal’s €78bn bail-out from the European Union and the International Monetary Fund has...

  7. May 4, 2011

    Cold water poured on Lisbon leniency claims

    Economists and European policymakers played down suggestions by José Sócrates, Portugal’s caretaker prime minister, that the...

  8. May 4, 2011

    Portuguese banks in line for up to €12bn

    José Sócrates, Portugal’s caretaker prime minister, flanked by finance minister Fernando Teixeira dos Santos, announces the...

  9. May 3, 2011

    Portugal reaches deal on €78bn bail-out

    Portugal has reached an agreement with the European Union and the International Monetary Fund on a €78bn ($116bn) financial...

  10. FT Alphaville

    May 3, 2011

    Wires: Portugal agrees to bailout loan

    Bloomberg and Reuters, citing Portugal’s prime minister Jose Socrates, are reporting that the country has arrived at an...

  11. April 21, 2011

    Surprise poll bounce-back for Portugal PM

    The centre-left Socialists of José Sócrates, Portugal’s caretaker prime minister, have leapt forward in an opinion poll to...

  12. April 12, 2011

    IMF forecast adds to Portugal’s gloom

    A gloomy International Monetary Fund forecast for the Portuguese economy has set the tone for talks on an €80bn ($116bn)...

  13. April 11, 2011

    EU and IMF to drive Portugal bail-out terms

    European Union and International Monetary Fund officials will begin talks in Portugal on Tuesday on a programme of austerity...

  14. April 10, 2011

    Portugal’s PM launches opposition attack

    Portugal’s outgoing prime minister has launched a stinging attack on the country’s main opposition party, stoking a...

  15. April 9, 2011

    EU rules out interim aid for Portugal

    Top European Union officials have downplayed the likelihood of interim aid being given to Portugal ahead of June’s election...

  16. April 7, 2011

    Portugal’s banks break free of ‘vicious circle’

    Portugal’s banks were the big winners on the stock exchange on Thursday as investors took heart that a European bail-out for...

  17. April 7, 2011

    Portugal’s rivals put bail-out before poll fight

    Portugal’s request for a bail-out will force the country’s main political rivals to co-operate over negotiations with the...

  18. April 7, 2011

    Trichet defends ECB rate increase

    The European Central Bank president has defended a rise in official interest rates as good for the whole eurozone even as...

  19. April 7, 2011

    European bank shares rise after bail-out plea

    Banking shares across Europe rose in the wake of Portugal’s decision to seek financial aid from the European Union, boosted...

  20. April 7, 2011

    Cost of Lisbon bail-out put at €80bn

    Portugal’s caretaker government has said it will submit a formal written request for a financial rescue package to the...

  21. April 7, 2011

    Waiving the rules for Portugal

    In the colonies it used to be said of Britain that Britannia did not rule the waves as much as it waived the rules. If the...

  22. April 6, 2011

    Doubts remain over needed austerity measures

    The Portuguese government appealed on Wednesday for European Union help to meet its debt-financing needs, but the question...

  23. April 6, 2011

    Sócrates calls for Portuguese bail-out

    José Sócrates, Portugal’s outgoing prime minister, has asked the European Union for financial assistance, paving the way for...

  24. April 6, 2011

    Portugal forced to pay ‘prohibitive’ yields

    Portugal was forced to pay sharply higher interest rates in an auction of short-term debt on Wednesday. José Sócrates, the...

  25. April 5, 2011

    Portugal in talks over EU aid

    Portugal is holding talks with the European Union on how to meet its immediate borrowing needs as its banks press Lisbon to...

  26. April 5, 2011

    Debt downgrade adds to pressure on Portugal

    Portugal’s cost of borrowing soared to more than 10 per cent for the first time since the launch of the euro, following a...

  27. April 4, 2011

    Fears of lost decade stir Portuguese poll fight

    Portugal’s main opposition party, which is expected to win a snap election on June 5, will increases taxes, lower wages and...

  28. April 4, 2011

    Fears for Lisbon as yields near 10%

    Portugal’s cost of borrowing has jumped to within a whisker of 10 per cent as the belief grows that the country needs an...

  29. March 31, 2011

    Lisbon calls early poll as debt costs hit high

    Protesters in Lisbon: such public pressure forced José Sócrates, premier, to resign Portugal’s president dissolved...

  30. March 29, 2011

    BES chief urges better Europe intervention

    The chief executive of Portugal’s biggest listed bank has hit out at the European authorities, calling on “the centre of...

  31. March 29, 2011

    S&P downgrades Portugal and Greece

    Standard & Poor’s has cut Portugal’s credit rating to one level above junk status on concern that commercial investors would...

  32. March 28, 2011

    S&P cuts five Portuguese banks’ ratings

    Standard & Poor’s has cut the credit ratings of Portugal’s five largest banks and warned that it could cut the country’s...

  33. March 25, 2011

    Portuguese yields jump on LCH.Clearnet move

    Portugal suffered a further setback on Friday when Europe’s biggest clearing house scaled back the use of the country’s...

  34. March 25, 2011

    Euro resilient despite Portugal’s downgrades

    The euro rose to a four-and-a-half-month high against the dollar this week, shrugging off worries over the fiscal health of...

  35. March 25, 2011

    Portugal downgraded for second time

    Standard & Poor’s has cut Portugal’s credit rating by two notches, warning that the country’s political crisis heightened...

  36. March 24, 2011

    Political vacuum increases pressure

    The collapse of the Lisbon government means it could be months before Portugal can implement fresh austerity measures or...

  37. March 24, 2011

    Equities strengthen despite eurozone fears

    Gold prices hit an all-time high but global equities also rose as investors looked beyond eurozone debt woes, mixed US...

  38. March 24, 2011

    Portugal urged to pass austerity plan

    Portugal’s seemingly inexorable slide into an orderly bail-out threatened to become a drawn-out and potentially chaotic...

Search for Jose Socrates and