TITLE

Portugal A Non-Event, All Eyes On Spain

PUB. DATE
April 2011
SOURCE
Emerging Markets Monitor;4/11/2011, Vol. 17 Issue 3, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article deals with the decision of the government of Portugal to request a European Union (EU) bailout. The government was dissolved on March 31, 2011 and it is expected to reach a bridging loan arrangement while negotiations on longer-term financial assistance is being awaited until after the elections on June 5, 2011. The bailout package for Portugal is anticipated to be similar to the arrangements with Greece and Ireland. The government of Spain is not expected to request a bailout like Portugal.
ACCESSION #
59924070

 

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