Portugal ausgezählt

www.eurointelligence.com fasst zusammen:

• The European Commission had received the request for financial assistance from Portugal;
• Socrates explained his political U-turn saying that the risks to the economy had now become too great to do it alone;
• Portugal’s last attempt to stem financing needs through short term bond auctions ended in painfully high prices, 5.12% for 6-month and 5.9% for 12-month T-bills;
• The deal parameters will be discussed at the eurozone finance ministers meeting this Friday;
• It is yet unclear how fast the deal can be negotiated during the election campaign;