It is anyway. The third country slips under the EU rescue. Greece and Ireland now Portugal. The highly indebted country receives billions in return and has to make sharp cuts. But the money is sufficient to rescue at all from the indebted euro zone?
A few of the Euro countries continue to face the abyss. Greece’s future is still unclear. Now takes over the rescue for the euro zone also the 78 billion euros to Portugal needed. This requires the population of the country suffered sharp cuts.
As already in financial crisis, no one knows if all the grants may not be just a drop in the bucket – or whether everything is still worse, despite the billions in cash injections.
Investors like it, at least, is the euro rose again and is currently at $ 1.4863.