Portugal

Nine out of 17 euro members’ central banks planned to continue exchanging their pre-euro currency for euros indefinitely — anyone who walked in with a pocketful of notes could change them for euros at a fixed rate. Now Spain may...

The holiday is over. Angela Merkel yesterday returned to the fray at the end of a two-day trip to Canada, saying Germany and the European Central Bank are aligned in their approach to the euro crisis. For those expecting a...

The European Union has long suggested that the region’s economy would benefit if workers were more willing to move from their home town or their country to find work. Now the debt crisis is putting that theory to the test....

European Union funds destined for the island of Sicily have been blocked until further notice, Corriere della Sera reported. The suspension of the funds, that are usually destined for economic, structural and social reform projects, comes after controls over how...

France sold treasury bills at so-called negative yields yesterday, the first time that has happened since at least 1999, when Bloomberg started gathering this data. The sale of three-month and six-month bills that will cost investors more than their face...

There will be more cars crossing the border from Portugal to Spain to fill up their tanks from tomorrow as the government seeks to add cash to its coffers. Portuguese gas prices are set to go up by three cents...

European newspapers reflect how the attention of the whole region is focused on the Greek general election. In other words, a population of just over 500 million in the European Union is watching with varying degrees of concern as fewer...

Wages in Italy are rising more slowly than prices, adding to the pressures on households that are already facing higher taxes and cuts in public services. Wages rose an average of 2.1 percent in the 12 months to the end...

Germany’s jobless rate has fallen to a two-decade low of 6,7 percent. Meanwhile, across the border in France, “President Francois Hollande ended his first two weeks in office with a thud,” Helene Fouquet and Mark Deen report, after jobless claims...