Where am I? > Home > News > Broker

General strike called in Portugal today, as euro debt fears grow

Author: Andrew Tjaardstra

Source: Professional Broking | 23 Nov 2010

Categories: Broker, Insurer

Tags: Portugal | Ireland | Europe | economy

aeroplane grounded

The majority of medium-haul flights to be cancelled in Portugal tomorrow

Ryanair has been forced to cancel flights to Portugal tomorrow as a result of air traffic controllers going on strike in Portugal tomorrow after calls for a general strike by the country's largest unions. National carrier TAM will cancel the majority of its medium haul flights whilst British Airways has cancelled flights tomorrow. Longer haul flights will continue.

The strike comes as Portugal becomes the centre of attention in the eurozone debt crisis after Ireland is set to be bailed out. Portugal's budget deficit has widened over last year and its cost of borrowing continues to rise amid fears it may also require a bailout.

Tags: Portugal | Ireland | Europe | economy

  • Comment
  • Mobile

Recent comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

IA_image

Read the latest edition of Insurance Age as a digital interactive e-book.


Dont miss out - register now to receive a FREE digital edition of Insurance Age every month

Advertisement

Advertisement

Latest white papers

ih-against-the-grain

Against the grain 2011: A series of guest articles from expert commentators

Designed to stimulate new ideas, fresh thinking and innovation in the motor claims market.

Services section

FRAUD

Ordnance Survey

Ordnance SurveyFollowing last year's successful research study, Ordnance Survey undertook a follow-up study with the members of the Insurance Fraud Investigators Group (IFIG).

RISK MANAGEMENT

FM Global

ih-services-fm-globalRisk managers discuss "The Unforeseeable Future", and much more in this edition of FM Global's quarterly magazine.

TECHNOLOGY

Pitney Bowes Software

Pitney-BowesThis case study looks at Willis' business challenges, the software solution used and the subsequent results and benefits.

RISK MANAGEMENT

Lockton

Lockton Cyber Risks DecodedCyber crime is not a fictional concept; it is a very real problem. To better understand the issues Lockton interviewed IMRG, four leading cyber and data protection underwriters, and members of the Lockton specialist technology and privacy practice.

COMMERCIAL

Insurance 360

ih-insurance360

This year's annual Insurance 360 Business Insurers Insight Report study ran from late August to early November 2011, gathering comprehensive responses from 360 commercial broking professionals.