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Portugal Moves Closer To Emergency Bailout
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Portugal Moves Closer To Emergency Bailout
Portugal’s prime minister resigned Wednesday after opposition parties rejected his austerity plan to reduce the country's mounting debt. The resignation ends the socialist government's six-year reign. It also makes it more likely that Portugal will soon follow Greece and Ireland as the next European Union country to ask for a bailout. Mil Arcega has more on the economic fallout.
Video Length: 0
Date Found: March 25, 2011
Date Produced: March 24, 2011
View Count: 0
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