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Bailout agreement is good news for Portugal property market

Posted on 05 May 2011

Portugal’s claim that it has reached an agreement on a bailout from the EU and the International Monetary Fund is good news for the Portugal property market, according to one Portuguese property developer.

Morgan Forbes believe that yesterday’s televised statement by the caretaker prime minister Jose Socrates confirming that Portugal will be asking for financial assistance worth around €78 billion (£70 billion) should offer greater stability for those people thinking of buying a home in Portugal……………………………………….Full Article: Source


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