Mar 28 – The credit rating agency S&P warns it could further downgrade Portugal’s credit rating later this week after debt yields soared to new record highs as the country remains in political limbo. Sonia Legg reports.
New warning for Portugal
true/false
It is summer holiday season in Portugal?
The weather is getting warmer.
The Prime Minister is planning to pass an austerity package.
Portugal is in financial difficulties.
There will now be an election.
Portugal is requesting a financial bailout.
The Prime Minister is suggesting that Portugal takes a bridging loan to tide it over.
A new government will be a good thing.
The main political parties have opposing views about a financial bailout.
Portugal can solve its debt problems through tourism.
