Portugal sells $1.34 billion worth of bonds
Financially troubled Portugal raised euro990 million ($1.34 billion) Wednesday in a key bond auction that had more bids than bonds available, suggesting the government's austerity plan is easing market concerns about the country's ability to pay off its high debts.
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The End of Sovereignty. 2009/12/14
Austerity Policy
The main reason for British EU-skepticism remains the fear that in the future the EU could usurp the sovereignty of the nation-states and blatantly rule the member states, even Great Britain from abroad, bypassing the elected national parliaments.
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Greek, Portuguese Workers Strike, Protest Against Deficit Cuts
Greek demonstrators took over the Finance Ministry building in central Athens, blocking streets in the city center, and Portuguese schools and hospitals were shut as unions stepped up protests against government deficit cuts.
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Europe lashed by deadly storm
Hurricane-force winds, surging seas and driving rain have lashed western Europe, leaving at least 13 people dead and more than a million households without power.
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Reports: Madeira flood missing rises to 29
Reports say authorities in Madeira have increased to 29 the number of people reported missing in the Portuguese island's deadly landslides last weekend.
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