Portugal decides on 'clean exit' from bailout
The cabinet decision was announced by Prime Minister Pedro Passos Coelho in a televised address to the nation and means the country will no longer have to answer to foreign creditors after the bailout ends on May 17.
"The government has decided to exit the assistance program without turning to any kind of precautionary program," Prime Minister Pedro Passos Coelho said, flanked by his entire government which met Sunday to make the decision.
"The government has decided to exit the assistance program without turning to any kind of precautionary program," Prime Minister Pedro Passos Coelho said, flanked by his entire government which met Sunday to make the decision.