Portugal kicks debt can further down the road
- 12 years ago
Portugal has bought itself a bit of breathing space by carrying out a swap of some of its government bonds.
They were due to be paid back next year, which would have been difficult for Lisbon to do.
Instead, on Wednesday, it exchanged the bonds for ones which will mature in 2015.
...
http://www.euronews.net/
They were due to be paid back next year, which would have been difficult for Lisbon to do.
Instead, on Wednesday, it exchanged the bonds for ones which will mature in 2015.
...
http://www.euronews.net/