ARTHUR BEESLEY, European Correspondent PORTUGAL BAILOUT:�THE EU Commission last night pledged a swift response to Portugal’s request for an EU-IMF bailout after the country’s caretaker government conceded it could no longer fight a mounting debt crisis without external aid. Commission chief Jos� Manuel Barroso, a former prime minister of the country, said the application for a rescue package will be “processed in the swiftest possible manner”. Portugal’s capitulation, less than a week into a…
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on April 7, 2011. Filed under