The politics about eu returned with vengeance. After the resignation of the Portugal pm failed to get his austerity package through the parlament, the general public is expected to elect a stronger government that can commend Portugal out of the crisis.
A defult is not an option. If it could be wheathered by sitting tight for a couple of months, it won't be wise to default, said a commentator. Portugal will be facing two deadlines - the 4 year and 6 year bonds will come due on april and June.
Saturday, March 26, 2011
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