ECB forced to buy Portugal bonds

Series Title
Series Details 11.2.11
Publication Date 11/02/2011
Content Type

Article reports that the European Central Bank intervened in eurozone bond markets for the first time in weeks on the 10 February 2011, buying Portuguese debt amid fears that the country could yet seek an international rescue.
Related Links
ESO: Background information: Clock is ticking on debt-laden Portugal http://www.europeansources.info/record/clock-is-ticking-on-debt-laden-portugal/
BBC News, 10.2.11: Portugal defiant as borrowing costs rise http://www.bbc.co.uk/news/business-12421207
i, 15.2.11: Finance minister’s “cry for help” (via PressEurop) http://www.presseurop.eu/en/content/news-brief-cover/504611-finance-minister-s-cry-help
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