Tagged: portugal’s bailout

Portugal sold 750 million euro of 10-year bonds

Portugal sold 750 million euro of 10-year bonds at a yield of 3.57 per cent on April 23rd, the lowest level in eight years. For comparison, a 10-year government bond yield went briefly over...

Portugal’s Constitutional Court rejects austerity measures

Late on Friday, April 5th, Portugal’s Constitutional Court ruled against some of austerity measures planned by the government. Prime Minister Pedro Passos Coelho called a government meeting for Saturday to discuss alternative budget measures....