| Author (Person) | Oakley, David, Wise, Peter |
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| Series Title | Financial Times |
| Series Details | 19.2.11 |
| Publication Date | 19/02/2011 |
| Content Type | News |
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The European Central Bank intervened in the markets for the first time in a week on the 18 February 2011 to prevent Portugal’s borrowing costs spiralling to 'danger levels' that could trigger a new phase in the eurozone debt crisis. Portugal’s borrowing costs and the premium the country must pay over Germany, Europe’s strongest economy, had hit fresh euro-era highs as worries over Lisbon’s ability to repay its debts mounted further. |
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| Countries / Regions | Portugal |
