Passos Coelho

No EU 'debt forgiveness' for Greece: Portuguese PM

"A very broad consensus exists in Europe that refuses debt forgiveness be put on the table. This was very clearly stated during the last eurozone summit," the centre-left premier said.

Jul 11, 2015, 19:40 PM IST

Portugal seeks to ease fears over crisis-hit bank BES

Portuguese authorities on Friday sought to allay market fears over the health of the country`s biggest listed bank Banco Espirito Santo, which has seen its shares plummet over its parent group`s debt woes.

Jul 11, 2014, 17:46 PM IST