Portugal Reaches Bailout Deal
Portugal pleaded for a bailout , and now it’s got one. The hard-up nation has negotiated a bailout from the EU and IMF worth about $116 billion. The three-year loan is a “good agreement that defends Portugal,” according to caretaker PM Jose Socrates, who added that Portugal would receive an extra…
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Portugal Reaches Bailout Deal
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on May 4, 2011. Filed under News, World News.
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