Portugal May Re-Ignite Europe Crisis -- CNN
Political turmoil in Portugal is threatening to re-ignite Europe's debt crisis after a year of relative calm.
Having won praise for taking tough measures to restore the financial health of the eurozone state, Portugal's government has been rocked this week by the resignation of two ministers who quit because of waning public support for its program of austerity.
Prime Minister Pedro Passos Coelho has refused to accept the resignation of his foreign minister, who heads a junior partner in the center-right coalition. But anxious investors sold stocks and bonds heavily Wednesday on fears that the government may collapse.
Portuguese media said two other ministers could follow their party leader in tendering their resignation Wednesday. New elections could delay economic reforms and prolong Portugal's dependence on bailout funds.
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More News On The Crisis In Portugal
Portugal president calls crisis talks as government teeters -- Reuters
Portugal government on the brink, markets take fright -- Global Post/AFP
Portugal Crisis Deepens, Debt Costs Surge -- FOX News/Reuters
Global shares, euro slide over Portugal political crisis -- Reuters
Portugal’s Coelho Won’t Resign After Foreign Minister Quits -- Bloomberg Businessweek
Portugal’s Coalition Splinters on Austerity Fatigue: Euro Credit -- Bloomberg Businessweek
Portuguese markets in turmoil as gov't teeters -- AP
Analysis - Portugal's woes shine light on rest of euro zone periphery -- Reuters
Eurozone crisis: Why Portugal matters -- Gavin Hewitt, BBC
Whoever Portugal's prime minister is, the troika is in charge -- The Guardian
5 things you need to know about the growing turmoil in Portugal -- Market Watch
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