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Portugal reaches deal on €78bn bail-out - today's papers

  • IFAonline
  • 04 May 2011
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Portugal's caretaker prime minister Jose Socrates has announced he has reached agreement on a bail-out from the EU and the International Monetary Fund.

He said the three-year loan was a "good agreement that defends Portugal". His office says that Portugal will be asking for financial assistance worth 78bn euros ($116bn; £70bn). MORE... Manufacturing's...

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