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Portugese Debt

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  • Eurozone facing tough times, not yet out of woods: Expert

    The EU and IMF unveiled a 3-year, 78 billion euro rescue package for Portugal. On the same day, the ECB's Governing Council decided to leave its key interest rate at 1.25%. Perry Mehrling, Senior Advisor of the Institute for New Economic Thinking, in an interview on CNBC-TV18 spoke about what the road looks like for Europe going forward.

  • Europe stocks up on Portugal, ECB hikes

    European shares rose on Thursday on hopes that Portugal's decision to seek financial aid could put a brake on the region's debt crisis and as the European Central Bank raised interest rates.

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