Euro Under Siege as Portugal hits Panic Button

katty

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Mon Nov-15-10 06:31 PM
Original message

Euro Under Siege as Portugal hits Panic Button

more: http://www.montrealgazette.com/business/Euro+under+siege+Portugal+hits+panic+button/3831814/story.html

The euro is facing an unprecedented crisis after another country indicated on Monday night that it was at a "high risk" of requiring an international bail-out.

Portugal became the latest European nation to admit it was on the brink of seeking help from Brussels after Ireland confirmed it had begun preliminary talks over its debt problems.

Greece also disclosed that its economic problems are even worse than previously thought.

Read more: http://www.montrealgazette.com/business/Euro+under+siege+Portugal+hits+panic+button/3831814/story.html#ixzz15OfWyRGo

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DJ13

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Mon Nov-15-10 06:40 PM
Response to Original message

1. Man the lifeboats!

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cutlassmama

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Mon Nov-15-10 07:13 PM
Response to Original message

2. And the rich get richer while countries fail

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