Summary
EUROPEAN finance ministers are gathering for an emergency meeting on the Portuguese debt crisis, amid fears British taxpayers may have to pay over pounds 4bn as part of a rescue package.
Lisbon is set to submit a formal request for a bail-out totalling an estimated 75 billion to EUR85 billion (pounds 65bn to pounds 75bn), after Prime Minister Jose Socrates' announcement he was following Greece and Ireland in seeking EU help.See the full content of this document
Extract
Ministers to Meet As Uk Faces Pounds 4bn Portgual Bill
The appeal for help came as the European Central Bank put up in...
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