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Portugal asks for bail-out which could cost Britain £4.4 billion

Publié par Clifford Armion le 04/07/2011

James Hall

"The country's caretaker prime minister José Sócrates said the measure had been taken after the stricken nation had run out of options.

"Economists last night put the UK's involvement in a Portuguese bail-out at up to a potential £4.4billion.

"After months of resisting having to apply for a bail-out from the EU and the International Monetary Fund, Portugal's cost of borrowing has reached unsustainable levels."

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Pour citer cette ressource :

"Portugal asks for bail-out which could cost Britain £4.4 billion", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juillet 2011. Consulté le 18/05/2021. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/portugal-asks-for-bail-out-which-could-cost-britain-4-4-billion