Portugal edges closer to needing a bailout

Portugal edges closer to needing a bailout

Portugal's President Anibal Cavaco Silva has been sworn in as leader for a second term. His inauguration took place against a back drop of his country's worsening financial crisis. Although his position is largely ceremonial he has promised to cooperate with Portugal's minority socialist government in its implementation of a tough, deficit cutting budget. ...


User: euronews (in English)

Views: 16

Uploaded: 2011-03-10

Duration: 01:06