The Financial Crisis Grows In Europe



Eurozone Debt Crisis: Portugal Admits 'It Could Need EU Bail-Out' -- The Telegraph

Portugal has admitted that it could become the latest European Union country to seek a bail-out as the eurozone debt crisis deepened.


Fernando Teixeira dos Santos, the Portuguese Finance Minister, has warned that the fall out from concerns over Ireland's public finances could create a contagion affect among its neighbours.

"The risk is high because we are not facing only a national or country problem," he told Dow Jones news wires, in reference to the possibility that Lisbon will need international financial assistance.

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More News On The Financial Crisis In Europe

Financial crisis fears grow in Ireland, Portugal -- Washington Post
Ireland, Portugal, Greece tip eurozone -- Sydney Morning Herald/AFP
Guilt By Contagion: Greece, Portugal, Ireland All Flashing Red -- Barrons
Ireland is still sidestepping what experts say is inevitable: a bailout -- Deutsch Welle
Austerity fails to save Ireland -- Fortune/CNN
Frustration grows over ‘damaging’ reports -- Financial Times
Irish woes should speed Europe’s default plan -- Nouriel Roubini, Financial Times
The end is near -- The Economist
Origins of the Financial Crisis -- Power Line
The Irish financial crisis of 2010 explained -- Irish Central

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