Portugal teeters on brink of bailout
Originally posted by 5corpio
Bailout request seen as 'inevitable' following prime minister's resignation after failure to push through austerity measures

City experts fear Portugal will be soon be forced to apply for a bailout package worth up to €70bn (£60bn), following the Lisbon government's failure to push through its austerity measures on Wednesday.

Portugal is teetering on the brink of becoming the third member of the eurozone to seek assistance from the EU – and as with Greece and Ireland the International Monetary Fund would probably also be....Read more Here

Previous News about Portugal Bailout 7th March HERE