Portugal forced to pay high price in debt sale

Author (Person) ,
Series Title
Series Details 6.1.11
Publication Date 06/01/2011
Content Type

Article reports that Portugal insisted in January 2011 that it can access debt markets without European Union or International Monetary Fund help, in spite of being forced to pay a high premium in its first test in 2011 of investor sentiment.

Related Links
ESO: Background information: Moody’s warns Portugal on possible downgrade http://www.europeansources.info/record/moodys-warns-portugal-on-possible-downgrade/

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