EU Denies Pressuring Portugal Towards Bailout

European officials denied “absolutely false” reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needing help to manage its finances, despite fears of a spreading euro debt crisis. The Financial Times Deutschland quoted unidentified sources as saying some euro zone states wanted Lisbon to seek aid in order to avoid Spain, the fifth largest EU economy, from having to follow suit. – Reuters

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.