Another Europe News
Investors keener on lending to Portugal
http://www.euronews.net/ Good news for the Portuguese government on Wednesday with a fall in the interest rates it had to offer to sell 1.5 billion euros of short term treasury bills, due to be paid back in three or six months.
However traders pointed out that volumes were extremely thin, indicating that broad sentiment on the junk-rated country was very fragile and could easily worsen again.
Portuguese debt has taken a beating in recent weeks on increasing fears the country may go the way of Greece and need a second bailout.
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@Kernelpanic76
March 22, 2024 at 10:03 pm
@nobodymuch Here in Portugal…we are taking very, very seriously the austerity measures. Our country is UNITED to achieve the same OBJECTIVE. We are doing this for ourselves…not for €urope.