Official: Portugal bailout to be $115 billion

Discussion in 'Markets & Economies' started by Ouch, May 4, 2011.

  1. Ouch

    Ouch Active Member

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    In days past, such news would have put a fire under the PM rocket but today not even a whisper of a reaction.

    Source: Official: Portugal bailout to be $115 billion
     
    Ouch, May 4, 2011
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  2. Silverthorn

    Silverthorn Well-Known Member

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    timing is everything! :rolleyes:
     
    Silverthorn, May 4, 2011
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  3. NQDave

    NQDave Active Member Silver Stacker

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    Didn't Finland block the EU taking part in any more bailouts?.
     
    NQDave, May 4, 2011
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  4. projack

    projack Well-Known Member Silver Stacker

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    German politicians don't want to give Portugal its bailout cash until it sells its own assets, according to the International Business Times.

    Norbert Barthle, who is a member of Angela Merkel's party and budget speaker, as well as his Social Democrat rival, Carsten Schneider, have both called for Portugal to think about selling its gold



    Read more: http://www.businessinsider.com/germany-potugal-gold-bailout-2011-5#ixzz1LUFJ7YoD
     
    projack, May 5, 2011
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  5. JulieW

    JulieW Well-Known Member Silver Stacker

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    Interesting times indeed.
    Sell to ?
    Germany looking for hard assets for its euro loans perhaps.
     
    JulieW, May 5, 2011
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  6. jnkmbx

    jnkmbx Well-Known Member

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    Now that Osama's dead, radiation is no longer pouring into the oceans, the global economy is looking rosy, and people will be treated like individuals again. :rolleyes:
     
    jnkmbx, May 6, 2011
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