Portugal says to make clean exit from bailout programme


Students from Odivelas Military School shout slogans during a demonstration against the government's austerity measures and budget cuts in Lisbon on March 15, 2014. Lisbon is expected to follow Ireland's example by exiting its €78bil (US$110bil) international bailout without a credit lifeline with an annoucement this month - AFP Photo.

LISBON: Portugal's prime minister on Thursday gave his clearest indication yet that the country would follow Ireland's example by exiting its €78bil (US$110bil) international bailout without a credit lifeline.

"The path Portugal has followed until now will today allow us to go forward on our own means," Pedro Passos Coelho said during a speech in Lisbon to mark Labour Day.

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Portugal , EU , bailout , clean exit , Ireland

   

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