Author (Person) | Wise, Peter |
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Series Title | Financial Times |
Series Details | 16.4.11 |
Publication Date | 16/04/2011 |
Content Type | News |
Portugal’s borrowing costs rose to new euro-era highs on the 15 April 2011 in spite of the government meeting a €4.4bn debt repayment on schedule and reducing state spending by almost €1.75bn in the first quarter of 2011. European Union and the International Monetary Fund officials were in Lisbon to negotiate a fiscal adjustment programme and economic reforms in return for an €80bn bail-out package. |
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Countries / Regions | Portugal |