Portugal: The economy is rolling!
28 January 2013
On the rock: "Austerity"
On the flag held by Prime Minister Pedro Passos Coelho: "Return to the markets"
…Go on, keep your heads up!!!
On January 23, the country's treasury sold €2.5bn of 5-year bonds at a rate of 4.89 per cent. Some 60 per cent of the buyers were British or American. However, the sale will not mean an end to austerity in the country.