CHAIRMAN: DR. KHALID BIN THANI AL THANI
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Business

Portugal follows Ireland

Published: 18 May 2014 - 10:04 am | Last Updated: 24 Jan 2022 - 04:52 pm

Portugal’s Secretary of State to the Prime Minister Carlos Moedas (right) with Minister of the Presidency and of Parliamentary Affairs Luis Marques Guedes in Lisbon. Portugal becomes the second eurozone state after Ireland to exit a bailout, having stuck to the European Union’s recipe of belt-tightening to beat the crisis.