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Europe Daily Bulletin No. 10843

9 May 2013
ECONOMY - FINANCE - BUSINESS / (ae) portugal
First long-term bond issue since May 2011

Brussels, 08/05/2013 (Agence Europe) - On Tuesday 7 May 2013, Portugal achieved its first successful long-term bond issue since it was forced to ask for international aid in May 2011, at the same time as the country's international lenders were in Lisbon to assess a new austerity drive to drum up €4.8 billion (unveiled last week by Portuguese Prime Minister Pedro Passos Coelho, see EUROPE 10841).

Portuguese Finance Minister Vitor Gaspar said the bond issue was a sign that Portugal's...

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