Bailout: New Portugal mission chief appointed in troika reshuffle

Bailout: New Portugal mission chief appointed in troika reshuffle

John Berrigan is the new troika mission chief for Portugal. The International Monetary Fund (IMF) also said it was replacing Abebe Selassie with Subir Lall.

Civil service: Parliament slams the 40-hour working week

New legislation governing public sector workers, which also includes capping their unemployment benefit rights, still requires rubber stamping by President Aníbal Cavaco Silva. Public sector trade unions protest outside parliament.

Government: Passos Coelho reaffirms call for “national union”

The Prime Minister has again insisted that Portugal needs a spirit of union and had admitted that the nation has a very high tax regime.

Parliament: MPs in votes marathon before holidays

The second session of the legislature ends on Tuesday with the (guaranteed) approval of a confidence vote for the PSD/CDS-PP coalition government.

Government: Minister of Finance retains prime minister’s confidence

Pedro Passos Coelho backs his Minister of Finance Maria Luís Albuquerque despite an ongoing furore over how much she may have known about swap financial transactions at state companies.

US: Lisbon gets new American ambassador

The Barack Obama administration announced late on Thursday that Robert A. Sherman will be the next United States Ambassador to Portugal.

Government: Secretaries of State round off cabinet reshuffle

President Aníbal Cavaco Silva will swear in the new secretaries of state on Friday who are the last names to be announced following the midweek government reshuffle.

Promotion: Paulo Portas will continue to push for Portuguese companies abroad

In a letter sent to companies, the recently appointed deputy prime Minister says that he will take on the coordination of economic policy and that the internationalisation of the Portuguese economy “is being strengthened with foreign policy priorities aimed at pushing Portugal’s companies and products overseas”.

EU: Portuguese to head development and cooperation directorate

Portuguese Fernando Frutuoso de Melo was appointed director general of development and cooperation, the largest EC directorate on Wednesday.

Government: President accepts new cabinet

The junior coalition CDS-PP party has increased its power in the Government as its leader Paulo Portas becomes deputy Prime Minister and the new minister of Economy is a businessman close to Portas. The new members take office late on Wednesday.