On the eve of European Council of 24 and 25 March, the Portuguese Parliament is preparing to reject the new austerity plan of Prime Minister Jose Socrates. This will cause the resignation of the minority government and early elections, warns a columnist Público, would lead the country towards a fate similar to that of Greece.
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- Portugal rating cut again, deepening debt crisis (05/04/2011)
- EUR/USD eyes Fibo support at 1.4141 (05/04/2011)
- Debt crisis pushes Portugal's bond yield higher (04/04/2011)
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