Greece, Ireland and Spain are in the same situation as Portugal, the ratings agency said.

Employment opportunities in Germany are attracting more emigrant workers from Portugal, Spain and Greece, the German labour agency says.

Standard & Poor’s keeps its negative outlook because of potential threats from Europe, more specifically from Spain.

Reuters points out that the Portuguese government’s determination differed from Rajoy’s more erratic stance

Minister of Finance Vítor Gaspar said the government was considering new options to meet the deficit target for 2013 after the Constitutional Court ruled the suspension of bonuses for public servants as unconstitutional.

After refereeing the Champions League final earlier this year, Pedro Proença has been by UEFA to referee the Euro 2012 final.

The Portuguese and Spanish teams cancelled each other out during 90 minutes before the reigning champions prevailed in the penalty shootout lottery.

Motorway operator Estradas de Portugal will hire 32 seasonal support staff to provide assistance to foreign visitors as the Government prepares to unveil a new electronic road toll system mid-July.

According to Prime Minister Passos Coelho, Portugal will not renegotiate the terms of its bailout, but the government will watch out for any developments which could benefit the country.