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Portugal says won’t revise deficit targets like Spain

Portugal says won’t revise deficit targets like Spain

News
Jamie Coleman
05/03/2012 | 15:49 GMT

We’ll just miss them outright, says PM Passos Coelho. (okay, I made that last part up…)

  • Portugal will not restructure debt
  • Won’t seek lower rates on bailout loans

Portuguese yields remain miles above the rest of Europe (ex-Greece) at 14%

EUR/USD recovering after pullback to 1.3200, trading now at 1.3224.

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