Portugal's bail-out woes

Financial Times 2019-03-08

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Portugal's constitutional court has blocked some austerity measures being implemented by the government to meet the terms of the country's E78bn bail-out in 2011. Lex's Stuart Kirk and Vincent Boland discuss the implications of this unusual move and examine whether Portugal will be able to re-enter the financial markets or if it will need a new bail-out.

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