Lisbon hopes to avoid bail-out

Article reported that Portugal was optimistic following its further austerity reforms of March 2011 and the outcome of the informal eurozone summit, Brussels, 11 March 2011 that the deal to strengthen the bloc’s rescue fund would help the country avert an international bail-out.

ESO: Background information: Eurozone strikes debt deal http://www.europeansources.info/record/eurozone-strikes-debt-deal/

ESO: Background information: Portugal unveils tougher austerity measures http://www.europeansources.info/record/portugal-unveils-tougher-austerity-measures/

ESO: Background information: Portugal’s ‘desperate generation’ cries out http://www.europeansources.info/record/portugals-desperate-generation-cries-out/

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