Fears Mount That Portugal Will Need a Second Bailout
“Investors, economists and politicians are increasingly concerned that Portugal will need a second bailout as fears mount that it won’t be able to return to markets for financing next year.”
“In Lisbon, government officials and politicians are increasingly frustrated that Portugal’s own commitment to the bailout may not be enough to appease the market.”
“Bondholders must surely realize that Portugal has very little realistic prospect of paying back its debts in full,” said Michael Derks, chief strategist at global foreign-exchange broker FxPro
in WSJ









