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Would make sense for Portugal to seek aid: Nowotny

It would make sense for Portugal to seek aid from the European Union bailout fund, although such a decision will be caught up in domestic politics, European Central Bank Governing Board member Ewald Nowotny said.

 

ECB talks rate hikes, braces as Portugal crisis deepens

ECB talks rate hikes, braces as Portugal crisis deepens

European Central Bank policymakers underscored the case for an April rate hike on Thursday as Portugal's political crisis raised the prospect of another spell of reluctant ECB bond market intervention.

 

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