PSI clock ticks for Portugal as bond markets slam shut

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PSI clock ticks for Portugal as bond markets slam shut

The Republic of Portugal’s capital markets future is on a knife-edge. A political falling out over the implementation of Portugal’s austerity package that surfaced this week could kill off the sovereign’s hopes of regaining market access before it needs to renegotiate an exit to its bail-out programme, even if its government manages to survive.

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