Analysts Expect Portugal To Need EU Bailout

Portugal looks like it's heading toward an international bailout, becoming the third European country to seek help after Greece and Ireland. After the Portuguese parliament rejected a series of austerity measures proposed by the prime minister, his government resigned. Since then, market pressures on Portugal increased, and the need for financial aid from the EU and IMF became all but inevitable.

Amanda Detmer Amanda Marcum Amanda Peet