Read more at: http://www.nytimes.com/2011/04/09/world/europe/09portugal.html?src=me
Friday, April 8, 2011
In Portugal Crisis, Worries on Europe's 'Debt Trap'
Portugal now follows Greece and Ireland to the European welfare office to ask for new loans on the condition of ever more drastic spending cuts. So far the markets have taken Europe's third successive sovereign financial crisis in stride. ...
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