Portugal braces for govt collapse over debt vote
LISBON, Portugal (AP) -- Portugal's government is on the verge of collapse after opposition parties withdrew their support for another round of austerity policies aimed at averting a financial bailout.
Expect to see another round of bailouts and more market jitters for the Euro.
This will be the last one: next up is Spain, and Europe doesn't have enough money to bail out Spain.
Posted by: DarthVader 2011-03-22 |