Tuesday, January 11, 2011

My Way News - Portugal, refusing bailout, faces key bond test
My Way News reports: "Portugal insists that it does not need an international bailout to solve its debt problems. It faces a bond auction Wednesday that could reveal the price of going it alone - and perhaps even add to the European financial crisis [...] But reports have said Germany and France, Europe's two main financiers, are pushing Lisbon to accept assistance to keep the debt crisis from spreading to bigger countries that would be much costlier to rescue."

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