The Portuguese government says it has reached agreement with international lenders on another round of austerity measures. Lisbon needed savings of €3.8 billion to release the latest bailout fund installment.
As lenders decide on Greece’s post-bailout future, some say it may not differ much from its bailout present: targets, compliance and disbursements. DW talked with Alexander Kritikos, an expert on Greek political-economy.
During the eurozone debt crisis, Portugal was staring down the abyss of financial collapse. Now the small country on the EU periphery is being dubbed as a model for overcoming a crisis. But how is Portugal really faring?
Extra trains and buses, giant welcome posters everywhere: Web Summit fever has broken out in Lisbon. "Davos for geeks," as business news agency Bloomberg calls it, or "Glastonbury for geeks," according to The Guardian.
Greek public transport workers have withdrawn their labor to press parliament not to proceed with an austerity bill that would limit trade unions' right to strike. Airlines also warn of cancellations and delays.
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