The International Monetary Fund said today it approved a 26 billion-euro loan to Portugal as part of a joint rescue package with the European Union.
BusinessWeek.com — Finance
European finance ministers endorsed a 78 billion-euro ($ 111 billion) bailout for Portugal as they stepped up pressure on Greece to do more to win improved aid terms.
BusinessWeek.com — Finance
International Monetary Fund, European Commission and European Central Bank officials will be in Lisbon today as they start preparing an estimated 80 billion- euro ($ 116 billion) aid program for Portugal, the third euro- region nation to request a bailout in a year.
BusinessWeek.com — Finance
Europe’s wealthy countries looked to Portugal to resolve the year-old euro debt crisis by coming up with “sustainable” deficit cuts to pave the way to an 80 billion-euro ($ 116 billion) bailout.
BusinessWeek.com — Finance
Europe’s wealthy countries looked to Portugal to resolve the year-old euro debt crisis by coming up with “sustainable” deficit cuts to pave the way to an 80 billion-euro ($ 116 billion) bailout.
BusinessWeek.com — Finance
Europe’s wealthy countries pressed Portugal to make deeper-than-planned budget cuts in the heat of an election campaign in exchange for an emergency relief package estimated at 80 billion euros ($ 116 billion).
BusinessWeek.com — Finance
Europe’s rich countries pushed Portugal to make deeper-than-planned budget cuts in the heat of an election campaign in exchange for an emergency aid package estimated at 80 billion euros ($ 115 billion).
BusinessWeek.com — Finance