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Showing posts with label BBC : Portugal Faces Strain in Economic Revolution. Show all posts
Showing posts with label BBC : Portugal Faces Strain in Economic Revolution. Show all posts

Feb 19, 2011

Portugal faces strain in economic revolution


It's not a club any economy would wish to be part of but it looks as though Portugal hasn't fully staved off the threat of an international bailout. It needs to borrow 10 billion euros by July and it looks like the markets will only allow it to do that at punitive rates. Newsnight's Paul Mason has been exploring the fragile state of Portugal and why it presents a continuing headache for Europe.

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