Portugal

Portugal uses a good bank/bad bank strategy to rescue Banco Espirito Santo.

Resignations by Portugal’s finance minister and foreign minister sent European markets tumbling.

Europe's financial crisis flared anew on Wednesday, after Portugal's finance minister quit and the government teetered on the edge of collapse.

Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.

Europeans in Spain, Portugal and Greece protest austerity measures with a general strike today, but the real problem could be a greater lack of unity across the eurozone.

Today three big banks in Portugal were forced to draw on $8.25 billion worth of European Union bailout money to weather the current financial storm. Portugal has been slogging through very tight budgets in order to be eligible for money like this.

Portugal was approved for its latest installment of bailout cash. What's life like for the Portuguese living under the gloom of austerity, and likely losses at the European Championship.

The Portuguese government announced plans to abolish four national holiday to help ease that country's debt crisis.

The government in Portugal said as part of belt tightening, it wouldn't give people the day off for Fat Tuesday celebrations. That didn't really work.

Pedro Passos de Coelho is in Portugal today asking investors in the economically-robust former colony to invest in cash-strapped Portugal.