Thursday, May 5, 2011
Bailout chief says Portugal's terms are as onerous as Ireland's
The Irish Times - Friday, May 6, 2011ARTHUR BEESLEY, European CorrespondentTHE EUROPEAN Commission’s chief negotiator of Portugal’s €78 billion bailout has questioned claims by caretaker premier José Socrates that the package will be less onerous than the rescue plans for Ireland and Greece.“The programme is by no means lighter but is much different. In fiscal terms, it is not really lighter, and in terms of structural it is much deeper,” said the commission’s mission chief Jürgen
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