Lisbon resists pressure for bail-out

Portugal insisted on the 8 January 2011 that it could resolve its sovereign debt difficulties without outside help as European Union pressure on the government to seek an international financial bail-out appeared to grow.

The news came as Portugal was set to go to the markets on 12 January 2011 with a fresh government debt offering of €1.25bn.

EurActiv, 11.1.11: Portugal given lifeline ahead of 'Battle of Spain' http://www.euractiv.com/en/euro-finance/portugal-given-lifeline-ahead-battle-spain-news-501119

ESO: Background information: Fears for Portugal grow as debt costs soar http://www.europeansources.info/record/fears-for-portugal-grow-as-debt-costs-soar/

EUObserver, 10.1.11: Core EU states put squeeze on Portugal to accept bail-out http://euobserver.com/9/31611

EurActiv, 10.1.11: Euro countries put Portugal under pressure to seek financial aid http://www.euractiv.com/en/euro-finance/euro-countries-put-portugal-under-pressure-seek-financial-aid-news-501086

Jornal de Negócios, 11.1.11: A bailout won’t help anyone (via PressEurop) http://www.presseurop.eu/en/content/article/457571-bailout-won-t-help-anyone

Lisbon, 10.1.11: Yes, there is definitely no bailout http://www.presseurop.eu/en/content/news-brief-cover/454971-yes-there-definitely-no-bailout

Spiegel Online International, 10.1.11: Pressure Mounts for Portugal Bailout http://www.spiegel.de/international/europe/0,1518,738653,00.html

Deutsche Welle, 10.1.11: Germany denies plan to press Portugal into bailout http://www.dw-world.de/dw/article/0,,14759394,00.html

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