Portugal Real Estate News
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Portugal Real Estate News |
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| Portugal government says to sell 5 pct of EDP |
Portugal gets budget deficit back within eurozone ceiling of 3 percent |
Portugal will sell 5 percent of power company EDP (EDP.LS: Quote, Profile , Research) in convertible bonds and remain with a stake of about 20 percent, the country's Socialist government said on Thursday.
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The Socialist government's economic reforms and austerity measures enabled Portugal to cut its state budget deficit to 3 percent of gross domestic product this year, bringing it back in line with rules governing countries that use the euro currency, the prime minister said Thursday. |
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Portugal government says to sell 5 pct of EDP
LISBON, Oct 11 (Reuters) - Portugal will sell 5 percent of power company EDP (EDP.LS: Quote, Profile , Research) in convertible bonds and remain with a stake of about 20 percent, the country's Socialist government said on Thursday.
Portugal gets budget deficit back within eurozone ceiling of 3 percent
The Socialist government's economic reforms and austerity measures enabled Portugal to cut its state budget deficit to 3 percent of gross domestic product this year, bringing it back in line with rules governing countries that use the euro currency, the prime minister said Thursday.
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