12th January 2011
"Portugal's leaders vowed yesterday to overcome the country's debt woes without the need for an EU-IMF loan package, despite dissent within its own central bank and pressure from northern Europe for a fast resolution of the crisis."
mikey2 says: "'Rescue' imposed by next Tuesday I would guess if everyone is reading their scripts."
"European Union governments are considering proposals to significantly boost the bloc's bailout fund for indebted euro-zone countries, an acknowledgment that the fund might prove too small if the region's debt crisis spreads to Spain, European officials said."
Peter Marlow writes: "The KEY takeaway from this "development"? D E S P E R A T I O N