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Portugese prime minister Pedro Passos Coelho said his government would have to introduce “important cuts” in expenditure on social security, health and education. Photograph: Reuters/José Manuel Ribeiro

Portugal’s prime minister has promised further cuts in government spending after the country’s constitutional court rejected austerity measures(...)

Minister for Finance, Michael Noonan, has appointed former IBRC director Oliver Ellingham to the board of Nama. Photograph: Bryan O'Brien

The Minister for Finance, Michael Noonan, has appointed former IBRC director Oliver Ellingham to the board of Nama. Mr Ellingham was a n(...)

Media group INM is looking to restructure debts of some ¤400 million

Media group Independent News & Media (INM) confirmed this morning that it is in "constructive discussions" with its syndicate of banks in r(...)

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