Fears for Portugal grow as debt costs soar

Portuguese equities and bonds tumbled on the 7 January 2011, forcing the European Central Bank to intervene to steady the markets as investor fears rose about the ability of Lisbon to fund its public debt.

ESO: Background information: Portugal forced to pay high price in debt sale http://www.europeansources.info/record/portugal-forced-to-pay-high-price-in-debt-sale/

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