Portugal finally agreed to ask the EU

««««Main page» 2011» April» 7» Portugal finally agreed to ask the EU Portugal finally decided to ESOsoznav the entire tragedy and danger in the current economic Portugalsituation, the country's Finance Minister Fernando Tejsejr still appealed to the European Union for financial support. A huge amount of debts and failures to overcome financial difficulties prevented all moods distinct exit situation. The Minister added Portugal that awaits effective financial mechanisms in Europe, as reported by the Associated Press. According to Reuters analysts need about 80 billion Portugal. euro.

As assured President of the European Commission Jose Manuel Barroso, please Portugal the Minister of finance will be considered shortly. Moreover, Barroso "trusts Portugal opportunities to overcome the difficulties with the help of its partners."

In turn, the International Monetary Fund Portugal was ready to provide the necessary assistance, but the request from the country itself has not yet been received. Recall Portugal that is not the only country, asking for financial assistance from the EU.  Greece and Ireland have already managed to send requests for assistance.

Taking consideration of the fact that over the past week several credit rating agencies Moody's Investors Service, Standard Poor's and Fitch & significantly lowered the rating PortugalState debt, so Portugal that stands at the threshold of the speculative category. Moreover, Portugal situation is also complicated by the departure of the resignation of Prime Minister Joze Socratesh, which led to new elections!

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