Awwal 04, 1432 H / April 08, 2011, SPA -- Portugal has made an official request for a multi-billion-euro financial bailout, EU Monetary Affairs Commissioner Olli Rehn said Friday on the sidelines of a meeting of EU finance ministers in Hungary, as (...)
Awwal 04, 1432 H / April 08, 2011, SPA -- Portugal needs an estimated
80-billion-euro (115-billion-dollar) bailout, the European Union's
top economic official said on Friday, according to dpa.
"At this stage, on the basis of a very, very (...)
Awwal 04, 1432 H / April 08, 2011, SPA -- Portugal is set to be granted an international loan package valued at around 80 billion euros (115 billion dollars) by mid-May, the European Union said Friday, while signalling that the bailout would come (...)