Portugal Bond Yields Climb After Court Rejects Austerity Measures πŸ“ˆ

Portugal's borrowing costs increase as the constitutional court blocks a bill aimed at implementing austerity policies, signaling economic uncertainty.

Portugal Bond Yields Climb After Court Rejects Austerity Measures πŸ“ˆ
euronews (in English)
20 views β€’ Aug 30, 2013
Portugal Bond Yields Climb After Court Rejects Austerity Measures πŸ“ˆ

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The cost of borrowing for Portugal's government has risen after the country's constitutional court rejected a bill that would have effectively allowed public sector workers to be fired.<br /><br />The bill was key to long-term spending cuts and the court's decision alarmed investors as it could now throw out more of the government's planned savings measures.<br /><br />...<br />http://www.euronews.net/

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20

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0:30

Published

Aug 30, 2013

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