Brussels, 01/04/2011 (Agence Europe) -Portugal was granted some breathing space by the markets on Friday 1st April 2011 when it managed to roll over €1.6 billion of debt for 5.8%, a lower rate than experts had predicted. The Portuguese president, Anibal Cavaco Silva, announced on the same day the holding of general elections on Sunday 5 June.
From now until June, Portugal will need to roll over more than €9 billion in further debt (€4.2bn in April and €5bn in June), but the markets...