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 preliminary estimate, we can say that by and large the programme is likely to be in the magnitude of 80 billion euros," EU Monetary Affairs commissioner Olli Rehn said. Rehn was speaking in Godollo, Hungary, on the basis of a meeting of eurozone and EU finance ministers.
