LISBON (Reuters) – A crucial new phase of Portugal’s bailout negotiations will begin under a cloud on Monday after an anti-euro party in Finland that has vowed to veto the pending rescue scored strong gains in an election. Representatives of the European Commission, the European Central Bank and the International Monetary Fund are in Lisbon to set the terms for what would be the euro zone’s third bailout in a year after multi-billion euro deals for Greece and Ireland. The officials examined Portugal’s public accounts last week and are due to begin nitty-gritty policy discussions with the government on Monday. The bailout is expected to total 80 billion euros….
Posted by
on April 18, 2011. Filed under News.
You can follow any responses to this entry through the RSS 2.0.
You can skip to the end and leave a response. Pinging is currently not allowed.
Posted by
on April 18, 2011. Filed under