Portugal

The President of Portugal, Anibal Cavaco Silva, on a state visit to Romania, and the Mayor of the Bucharest's Sector 3, Robert Negoita have visited on Thursday the construction site of the Park Lake Plaza new commercial centre, near the Titan Park.

The project is a private investment worth 180 million euro and it is to be opened next year.

President Klaus Iohannis on Wednesday said that Romania plans to become an exporter of energy security in the region, showing that Portuguese companies have voiced their intention to invest in Romania in this area.

Iohannis pointed out, after meeting Portuguese President Anibal Cavaco Silva, that Portugal represents a very important partner of Romania.

Portugal's president said on Monday an agreement between Greece and the troika should be reached, "this week if possible."

President Anibal Cavaco Silva, who is head of state in Portugal, told reporters in Sofia: "The situation in Greece is of concern to all countries in the European Union."

By Axel Bugge & Sergio Goncalves

Portugal went through years of tough austerity which is now bearing fruit and Greece too must abide by its commitments to its single currency partners and creditors, Portugal's economy minister told the Reuters Euro Zone Summit.

By Yiannis Papadoyiannis

The chairman of National Bank of Greece warned on Thursday that political, economic and geopolitical risks pose a threat to the country’s recovery.

Serbia "should align foreign policy with EU"

BELGRADE -- Head of EU Delegation Michael Davenport has said that Serbia, as candidate for membership, should gradually align its foreign policy with the EU.

As he noted, it is also part of the country's obligations under chapter 31 while screening of this chapter would take place by the end of July.

Portugal captain Cristiano Ronaldo is banking on Brazilian support for his country at the World Cup, where he says they are in the toughest of the eight groups.
   

Rating agency Moody's has increased Portugal's rating to Ba2, in a first such move since the debt-ridden country embarked on a bailout program in 2011.

Nearly 5 kilos of heroin seized from Portuguese man

GRADINA -- The Serbian border police have seized 4.9 kilograms of heroin at the Gradina crossing, on the border with Bulgaria.

The drugs were found in the luggage of a Portuguese citizen identified with his initials as R.S.G.A.