Tuesday, January 11, 2011

Portugal Bailout Inevitable

Jan. 11 2011 | Portugal says it is doing all it can to avoid external aid, but the country is "just a small economy in the massive sea of the euro zone", Piers Curran, head of trading at Amplify Trading told CNBC. "Portugal will inevitably have to ask for a bailout because the bond yields will not allow them to continue to fund their deficit," he said.

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