No let-up on Portugal’s borrowing costs

Author (Person)
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Series Details 19.5.11
Publication Date 19/05/2011
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Portugal raised €1bn in its first debt auction since the European Union approved the country’s €78bn bail-out package on the 18 May 2011, but the caretaker government saw no easing in its cost of borrowing.

Related Links
BBC News, 18.5.11: Portugal taps market for short-term funds at a price http://www.bbc.co.uk/news/business-13443049
ESO: Background information: Portugal’s painful road to recovery http://www.europeansources.info/record/portugals-painful-road-to-recovery/

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