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Of all the countries receiving bailout, Portugal is one that has seen the lowest reduction in its interest rates, writes Público.
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".
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