Euro Zone Expected to Approve Portugal Aid

Euro zone finance ministers are expected to approve the EU/IMF bailout of Portugal at a meeting on Monday and will discuss further steps Greece must take to meet deficit-reduction targets. The meeting, overshadowed by the arrest of IMF chief D. Strauss-Kahn on sexual assault charges, will also assess demands by Finland that private sector investors carry more of the risk in Portugal’s aid package, and that the country begin privatizations to raise capital.- Reuters

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