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Portugal Shift From Denial To Anger Phase

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Portugal Defiant In Face of Bailout
Sky News
2011, 7:44, Wednesday 12 January 2011
As Portugal becomes the latest EU economy to come under pressure to accept a bailout, the country's Prime Minister Jose Socrates has continued to insist that the economy does not require the financial injection.
"Portugal will not request financial aid for the simple reason that it's not necessary", said Mr Socrates.
While these sentiments echo those of the Irish government late last year, the euro has been bolstered by the news that both China and Japan (NYSE: MCO - news) confirming they would once again buy European bonds.

With Asia taking over the Euro is good to go--big surge on FOREX today.

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Big surge my @rse - not literally obviously.

Up about half a percent against the dollar, 0.1 percent against the pound and 0.2 percent against the Yen.

Edited by EvilEdna

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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