Portugal's center-left Socialists are expected to retain power and win more...
LISBON - Portugal’s center-left Socialists are expected to retain power and win more parliament seats in general elections on Sunday, after four years of economic growth, but still fall short of an outright majority.
“The main question is whether we’ll have our hands tied,” Costa said during a campaign rally on Friday. “We need to have the strength to guarantee four years of stability and not be a short-term government.” Portugal is expected to record its lowest budget deficit in 45 years of democratic history this year. The economy is on course to grow 1.9% this year, above the EU average, helped by export growth and a booming tourism industry.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As Portugal heads to a new election, a cloud is hanging over its export-led economyEconomists are questioning how long Portugal's economic recovery will last with a new political cycle about to begin.
Read more »
Emerging market currency rallies to remain checked by erratic sentiment: Reuters pollSentiment for emerging market currencies this year will continue to jump when th...
Read more »
Australia's former central bank head warns of limited power of rate cuts: paperFurther interest rate cuts by the Reserve Bank of Australia would do little to b...
Read more »
Liberal, socialist MEPs want 'European Way of Life' title ditchedLiberal and socialist lawmakers at the European Parliament called on Thursday fo...
Read more »
Spain's Ciudadanos proposes working with Socialists after elections to break deadlockThe leader of Spain's center right Ciudadanos said on Saturday the party wa...
Read more »
Jennifer Aniston Goes Head-to-Head With Reese Witherspoon in the Trailer for 'The Morning Show'Oh, this is going to be good.
Read more »