Κυριακή 3 Μαρτίου 2013

Público: ‘Portugal has smaller debt but pays interest rate close to Greece’s’



Público, 1 March 2013

Of all the countries receiving bailout, Portugal is one that has seen the lowest reduction in its interest rates, writesPúblico.
As a consequence, the proportion of debt repayments to GDP for Portugal will be at a level very close to that of Greece (4.4 per cent for Portugal, against 4.7 per cent for Greece) even though the latter has a substantially higher level of debt.

Público concludes that "when a country that respects the rules suffers more than a country that does not respect them, it looks like it is probably better not to comply".
more at http://www.presseurop.eu/en/content/news-brief/3478891-portugal-has-smaller-debt-pays-interest-rate-close-greece-s

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