Portugal bond at reach new high

Portugal's financial troubles deepened today despite political efforts to contain the acute debt crisis that is also worrying the 17-nation eurozone.

Portugal bond at reach new high

Portugal's financial troubles deepened today despite political efforts to contain the acute debt crisis that is also worrying the 17-nation eurozone.

The interest rate on Portugal's 10-year bond surged to a new euro-era record of 7.9% - an unsustainable borrowing cost for the cash-strapped country.

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