30-06-2015 01:20 via news.yahoo.com

Portugal 'well-equipped to resist damage from Greece'

Portugal's economy will escape substantial damage from a further deepening of the crisis in Greece, its president and prime minister said Monday. Portugal is widely considered to be the next weakest eurozone economy after Greece and the Lisbon stock market slid more than five percent on Monday in the wake of Greece's decision to close its banks for a week. "Portugal is now in a similar situation to Ireland, Spain and Italy," and was at no greater risk than those three countri
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