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Portugal's Unnecessary Bailout

Date: April 12, 2011

Author: Robert M. Fishman

QUOTE: (Portugal) has come under unfair and arbitrary pressure from bond traders, speculators and credit rating analysts who, for short-sighted or ideological reasons, have now managed to drive out one democratically elected administration and potentially tie the hands of the next one.

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• European Central Bank (ECB)
• European Union, The (EU)
• New York Times Company

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