Bailout: Lisbon wins approval for job well done – Portugal
12 August 2011
European Union representatives in Lisbon announced Friday that Portugal had passed the first review of its 78-billion-euro bailout program granted in May. According to European Comissioner, Juergen Kroeger, the general assessment was “very postive.” Portugal will receive the next 20 billion-euro installment of the loan, as previously agreed, to fulfill its current financing requirements. The […]












