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Europe Daily Bulletin No. 10544

2 February 2012
ECONOMY - FINANCE - BUSINESS / (ae) portugal
Debt rolled over in short-term, amidst some concern

Brussels, 01/02/2012 (Agence Europe) - On Wednesday 1 February, Portugal rolled over €1.5 billion of three and six-month sovereign debt at lower rates than the most recent similar emission. There are still doubts, however, about the country's ability to roll over its long-term debt next year because the introduction of an austerity programme has plunged the country into deep recession, with the economy expected to shrink by 3% in 2012. Following a new downgrading of the country's debt by...

Contents

A LOOK BEHIND THE NEWS
PLENARY SESSION OF EUROPEAN PARLIAMENT
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICY
EXTERNAL ACTION
INSTITUTIONAL - BUDGET