Articles About Lisbon
- Author:
- James I. Clark III
- Posted:
- 06.06.2011
Portugal Becomes Third of PIGS To Seek EU Bailout
Portugal has become the third European nation to accept a financial bailout to the tune of € 78 billion, with € 12 billion going directly to the Iberian nation’s banks. It is the third of four PIGS nations (Portugal, Ireland, Greece, Spain) to require a bailout. Caretaker Prime Minister Jose Socrates announced that he had […]