Portugal and the bond market

Trouble postponed but the problem remains and still may spread

Help for Portugal?Help for Portugal?
So is this a victory or just a breathing space? There's much in the news beyond the financial woes of Portugal in particular and the euro in general. The bond sale has gone ahead and some might assume that marks the end of the story. Well perhaps these were the people who were caught out by the financial collapse of Greece and Ireland. To the average person economic and financial news is always dull, except for banker-bashing which is in full spate, again.

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