Portugal eyes easier terms for bailout agreement
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Portugal eyes easier terms for bailout agreement

Lisbon : Portugal | Jul 10, 2012 at 4:58 AM PDT
Source: The Jakarta Post
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Foreign lenders put up 78 billion ($96 billion) last year to spare Portugal from bankruptcy when its borrowing costs became unaffordable. The government forecasts an economic contraction of 3 percent in 2012, bringing a third recession in four years. FULL ARTICLE AT The Jakarta Post
 
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