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Investing

Portugal’s PM soothes investors after resignation over corruption probe

Portugal's Prime Minister and Socialist Party (PS) Secretary General Antonio Costa looks on after winning the general election in Lisbon, Portugal, January 31, 2022. REUTERS/Pedro Nunes/File Photo Acquire Licensing RightsLISBON, Nov 11 (Reuters) - Portugal's premier Antonio Costa, who resigned this week, told foreign investors on Saturday the country was open for business and wanted to remain attractive despite an ongoing corruption probe into "green" energy projects.Costa stepped down on Tuesday over an investigation into alleged illegalities in his government's handling of lithium and hydrogen projects, as well as a...
Money

EU’s 20 billion euro plan for Ukraine military aid hits resistance

A view shows residential buildings heavily damaged by permanent Russian military strikes in the front line town of Avdiivka, amid Russia's attack on Ukraine, in Donetsk region, Ukraine November 8, 2023. Radio Free Europe/Radio Liberty/Serhii Nuzhnenko via REUTERS/File Photo Acquire Licensing RightsBRUSSELS, Nov 10 (Reuters) - A European Union plan to spend up to 20 billion euros ($21.4 billion) on military aid for Ukraine is meeting resistance from EU countries and may not survive in its current form, diplomats say.Josep Borrell, the EU's foreign policy chief, proposed in July that...
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