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Portugal, EU Agree On Bailout at reported 78 billion Euros
Lisbon Published in Saudi Press Agency on 04 - 05 - 2011

Portugal has reached an agreement with the European Union and the International Monetary Fund on a bailout package, Prime
Minister Jose Socrates announced late Tuesday.
A government source put the value of the package at 78 billion Euros ($115 billion) over three years, according to a report of the German Press Agency "DPA."

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