Portugal
Rogoff predicts wave of sovereign defaults
Greece will not be the only country to face threat of bankruptcy, ex-IMF chief economist Kenneth Rogoff warns
Macao links China and Portuguese-speaking countries – Teng
Monetary Authority of Macao’s Anselmo Teng says the country is an important economic link between China and Portuguese-speaking countries
Bank of Portugal - Annual Report 2007
The Portuguese economy saw no real convergence to European Union (EU) norms over the past decade, notes the country's central bank in its latest Annual Report.
Wages and prices determined by shocks
New research from the Bank of Portugal finds that import-price and unemployment shocks lead to wage and price rises in the Portuguese economy.
Portugal: components of exports shifting
The share of Portugal's exports of parts and components has more than doubled since the late 1980s, a new paper from the country's central bank states.
IMF's Portugal on liquidity provision
Central banks should continue to provide liquidity as needed to assure the smooth functioning of markets, said Murilo Portugal, a deputy managing director of the International Monetary Fund (IMF).
Reservation wage related to benefit payments
Higher unemployment benefits lead to higher reservation wages, research published by the Bank of Portugal finds.
Cyprus and Malta join gold agreement
Cyprus and Malta, the two newest members of the eurozone, have signed up to the Central Bank Gold Agreement, which limits the amount of gold cooperating institutions can sell.
Rock raises lender of last resort issue for EU
One important aspect of the Northern Rock crisis in the UK has been to make market participants wonder what would happen if a similar-sized institution got into difficulties in a small or medium-sized EU member state.
Paper on the price level stability
This research paper from the Bank of Portugal provides an overview of the arguments for assessing the case for price level path stability (PLPS).
Commission's data on euro-area inflation misleads
The balance statistic, used by the European Commission to gauge inflation perceptions, is a poor measure of actual inflation, research published by the Bank of Portugal finds.
Bank of Portugal - Annual Report 2006
Buoyed by exports and improvements in the labour market, Portugal's economic performance in 2006 was an improvement on recent years.
Poole on changing world demographics
In the speech 'Changing world demographics and trade imbalances' given on 16 April William Poole of the Federal Reserve Bank of St. Louis said global imbalances including the US current account deficit are not just a monetary phenomenon.
ECB's Constancio says rates still low
European Central Bank governing council member Vitor Constancio said Wednesday 4 April that eurozone interest rates are still at historically low levels despite seven ECB rate hikes since December 2005.
IMF's Portugal at the Debt Managers Conference
In a speech at a Debt Managers Conference given on 8 February Murilo Portugal of the IMF said debt managers have very successfully taken advantage of market opportunities to improve the structure of their debt portfolios.
Bank of Slovenia joins Central Bank Gold Agreement
The central bank of Slovenia has joined the Central Bank Gold Agreement which limits gold sales by central banks, the European Central Bank said Friday 22 December.
Bank of Portugal - Annual Report 2005
According to the Bank of Portugal's Annual Report 2005, in 2005 developments in the Portuguese economy were marked by subdued growth, employment stagnation and an increase in the unemployment rate.
IMF's Rato proposes Murilo Portugal as deputy
Rodrigo de Rato, managing director of the International Monetary Fund proposed the appointment of Murilo Portugal to the position of deputy managing director on Monday 23 October.
Bank of Portugal sold 15 tonnes of gold recently
The Bank of Portugal said on Tuesday 4 July that it has sold 15 tonnes of gold from its reserves in the last few months.
Portugal's Constancio on finance and regulation
In the speech 'Finance and regulation' given on 26 May Vitor Constancio of the Bank of Portugal addressed the issue of the role that Central Banks should have in relation to financial stability, even when they don't have the responsibility for…
Comment:Government debt offices gear up for change
Government debt offices play a vital role in managing the cost and risk of government borrowing and in the development of the domestic financial system, but they are frequently overlooked. A recent survey looks at the trends towards concentrated…
Bank of Portugal - Annual Report 2004
According to the Bank of Portugal's Annual Report 2004, the Portuguese economy resumed positive growth in 2004, albeit at a moderate pace.
Report says CB gold sales won't meet quota
HSBC analyst Alan Williamson told Dow Jones on Friday 27 January that European central banks are highly unlikely to sell the total 2,500 tons of gold allowed under the current agreement.
Portugal's Constancio agrees new five year term
Bank of Portugal governor Vitor Constancio has agreed to stay on at the central bank for a second five-year term at the invitation of the government, Finance Minister Fernando Teixeira dos Santos said.