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Back to Home » April 2011 News » Portugal avoids default with loan repayment |
Portugal avoids default with loan repayment |
April 15, 2011
LISBON, Portugal (AP) -- Portugal says it has paid out euro4.2 billion ($6.1 billion) in a bond redemption, avoiding default but further depleting its cash reserves ahead of a promised international bailout....
Source URL: http://hosted.ap.org/dynamic/stories/E/EU_PORTUGAL_FINANCIAL_CRISIS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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