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PORTUGAL ON IMF: PORTUGAL AND THE IMF BY TODAY TO SPEAK … debacle EURO AND THE EU


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Jon Cowan, Third Way
Image by Third Way

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AFTER FROM GREECE AND IRELAND, AND END OF SEASON For Portugal

Portugal will submit a request to the European Commission for financial support, said the Portuguese Prime Minister Jose Socrates in the proclamation of the Portuguese people, making the country the third member of the Eurozone seeking the help of its partners. Drop that ‘broke’ the glass was “prohibitive” rates of the auction Wednesday. Responsible for initiating speak Olli Rehn and Barroso confirmed that the commission will consider the request as soon as possible.

The need to refer Portugal to the European support mechanism was recognized earlier and the Minister of Finance of the country article to be published Thursday.

O Teseira Finance Minister Fernando dos Santos, in his article in the Portuguese Jornal de Noticias, but notes that, at this stage a decision would require action ‘participation and committed while many political forces and political institutions

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