The effects of the international economic bailout of Portugal will be felt through the country, but some see the measures as an opportunity for the country to emerge as a more competitive, export-friendly entity.
Western Europe
Latest articles from Portugal

Bailout forces Portuguese banks to shape up in time for a 2012 comeback
May 4, 2011Shut out of the wholesale markets, Portugal's banks are reducing their loan-to-deposit ratios and restructuring their balance sheets. If all goes well they could be back in the markets as early as next year.

Angolan business offers a lifeline for Portugal's banks
May 4, 2011Portuguese banks have found that investment in its former colony Angola has provided growth at a time when its own domestic market is facing recession.

A rough ride
September 29, 2010The Portuguese government has struggled to convince the international finance markets of its commitment to fiscal discipline, and this has prevented any easing of the country's funding problems and delayed economic recovery. However, deposits are bouncing back and industry is managing to maintain investment. Writer Peter Wise
Safe and Simple
May 5, 2010The Portuguese government's tax amnesty on repatriated funds is expected to channel an influx of euros into the country's private banking sector. Yet banks must meet the post-crisis needs of investors with new portfolios favouring simpler structured products with a capital guarantee. Writer Peter Wise
The kindest cut
May 5, 2010A €6bn privatisation initiative ushered in by the Portuguese government as part of a package of spending cuts could prove fertile for the country's investment banks and breathe new life into its capital markets. Writer Peter Wise

Portugal's plan settles the nerves
May 5, 2010The trials and tribulations of the Greek economy have caused a few nervous glances to be cast in the direction of Portugal, with some observers worried that the country could face a similar debt crisis. However, the Portuguese government's late budget and four-year austerity programme have gone a long way to allaying such fears. Writer Peter Wise

A reliable model for a risk-averse world
August 4, 2009Portugal's traditionally cautious approach to banking with a strong leaning towards public investment is being recognised by other countries as an effective, if temporary, approach during the current downturn. Writer Peter Wise
Weathering the storm
May 5, 2009Although not caught at the epicentre of the financial hurricane, the Portuguese economy's hopes of an upturn after four years of slow growth have been hit by the global recession. However, the country's trade links with Africa and Latin America and its lack of subprime exposure are giving some cause for optimism. Writer Peter Wise

Portuguese banks offer customers a safety net
May 5, 2009In the wake of the global financial crisis, Portugal's leading banks are focusing on improving relations with both corporate clients and individuals, as well as expanding overseas, as a means to boost their ailing profit margins. Writer Peter Wise