Fresh Greece bailout talks as UK gives £4.2bn to Portugal deal

At a meeting in Brussels - and in the enforced absence of IMF head Dominique Strauss-Kahn (pictured), who is facing rape allegations in New York - 17 finance ministers of the eurozone and ten ministers from outside the single currency agreed on a €78bn (£67.8m) bailout for Portugal. It is understood the UK's contribution to that deal is in the region of £4.2bn. Ministers also signed off on the permanent eurozone bailout fund, the European stability mechanism, which is to shore up the currency from 2013, the Guardian reports. However, a major talking point was the possibility of an ...