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Image header Agence Europe
Europe Daily Bulletin No. 10539
ECONOMY - FINANCE - BUSINESS / (ae) portugal

Pedro Passos Coelho says no renegotiation needed

Brussels, 25/01/2012 (Agence Europe) - On Tuesday 24 January, the Portuguese prime minister, Pedro Passos Coelho, said that no renegotiation was needed of Portugal's aid package from the EU and IMF. He urged the EU to set up mechanisms to avoid the Greek situation spreading any further.

Portuguese media report concerns by many analysts about whether Portugal will be able to roll over its debt unaided on the money markets next year, as planned in the May 2011 bailout plan. The prime...

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