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"Euribor rise punishes interest rate Portugal will pay EU", headlines Público, adding that the interest rate varying between 5.5 and 6 percent, is higher than Ireland’s. The rate was announced on May 10 by Commissioner Olli Rehn after the European Commission validated the Portuguese financial aid programme. The Lisbon daily notes that the exact value will be established by European finance ministers on 16 May, when the whole package is expected to be approved. Correio da Manhã, another Portuguese daily, adds that Brussels will garner an annual 1.3 billion euro profit on bailout.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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