ECB gives Portugal temporary lifeline, traders say | Reuters

ECB gives Portugal temporary lifeline, traders say | Reuters: "The European Central Bank threw Portugal a temporary lifeline on Monday by buying up its bonds, traders said, as market and peer pressure mounted for Lisbon to seek an international bailout soon.<br /> <br /> A senior euro zone source said on Sunday that Germany, France and other euro zone countries were pushing Portugal to seek an EU-IMF assistance program, following Greece and Ireland, to prevent contagion spreading to much larger Spain, the fourth biggest economy in the euro area.<br /> <br /> The Reuters report drew official denials on Monday."

ECB gives Portugal temporary lifeline, traders say | Reuters

ECB gives Portugal temporary lifeline, traders say | Reuters: "The European Central Bank threw Portugal a temporary lifeline on Monday ...

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