Select a language
"Brazil available to buy Portuguese debt", headlines Público, in the wake of Brazilian President Dilma Rousseff’s visit to the economically troubled country. Questioned by journalists as to whether Brazil intended to buy up Portuguese national debt, Rousseff answered that "Brazil will do everything to help". But denied that the outgoing Portuguese government had made any formal request for aid. This comes as Standard & Poor's downgraded Portugal’s credit rating to BBB-, and as interest rates on national debt reached record highs of 9.04% on five year bonds and 8.023% for ten year bonds.
Was this article useful? If so we are delighted! It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans. Discover our membership offers and their exclusive benefits and become a member of our community now!
