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IMF ready to help Portugal

The International Monetary Fund (IMF) stands ready to provide a financial assistance to Portugal, whose exorbitant public debts led to a recent credit rating downgrade by Moody's Investors Service. …   read more»

Portugal bail-out set to be discussed by EU

Portugal's bail-out request is expected to be discussed when EU finance ministers meet later in Budapest. …   read more»

Portugal to hold election amid ‘economic crisis’

Portugal goes to the polls in just over two months time. …   read more»

Portugal bailout not inevitable - OECD head

Debt-strained Portugal can still avoid a bailout although political upheaval following the sudden departure of its prime minister made one more likely, the head of the OECD said on Thursday.…   read more»

Premier resigns, plunges Portugal into political crisis

Portuguese Prime Minister Jose Socrates announced his resignation late Wednesday, plunging the country into a political crisis that was expected to encourage Lisbon to seek an international bailout. …   read more»