• Inside Labour

    Government's farming policies have had a damaging effect, says Terry Bell.

  • Hunter feeling the heat

    The killer of Cecil the lion is now the one getting hunted - by outraged Americans.

  • Making media behave

    Is patriotic reporting another name for whitewashing corruption, asks Leopold Scholtz.

Loading...
See More

Portugal not seeking debt help: minister

Jan 11 2011 12:15
AFP

Lisbon - Portugal does not plan to seek external help to cope with its debt and "is doing everything to avert such an eventuality," Finance Minister Fernando Teixeira dos Santos said on Tuesday.

The minister told TSF radio that a bailout would "cause very serious damage to the country's reputation", which would require years to recover from.

EU diplomats say Portugal has come under heavy pressure in recent days from several European countries to accept outside help.

"Portugal is doing its work to solve its fiscal imbalances, it is Europe which seems not to be doing its work in maintaining the stability of the euro," said Teixeira dos Santos.

portugal  |  europe debt crisis  |  euro

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About...

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Introducing tablets in schools is:

Previous results · Suggest a vote

Loading...