But in September, the bank changed tack from its aggressive stimulus programme and shares across the sector staged a recovery on hopes the pressure on their profitability will now ease.
The government's plans to reform the state pension system came under attack today from the country's powerful labor unions, as hundreds of thousands of government employees, with the backing of some workers in the private sector, staged a one-day strike.
On June 27th the trade unions, which tend to draw their strength from the public sector, staged a 24-hour general strike.Yet Mr Passos Coelho insists that Portugal will complete its three-year adjustment programme in June 2014, when he hopes to regain full access to the capital markets.
The market was up in Monday morning trading as stocks, especially those in the tech sector, staged a rebound from last week's sell-off.
Let us participate in the making of decisions affecting us!" The group presenting problems in the healthcare sector staged a play to show the obstacles with which children are faced.
It's been a turbulent 18 months for South Africa's entire mining industry, not just gold, with workers across several sectors staging wildcat strikes.
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Updated at 11.17am GMT 10.54am GMT Protests in Greece In Greece, the frontline of Europe's debt crisis, protesters are taking to the streets as public and private sector employees stage a three-hour work stoppage.
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