Added to that, the government quit last month after opposition parties rejected its austerity measures, and the country is in a political limbo until a June election, making it uncertain who might ask for help.Investors, including the country's main banks, are balking at providing funds to Portugal out of fear it may not be able to settle its debts. As financing dries up, companies could have problems finding money to pay wages. The unemployment rate last year reached a record 11.2 percent.
Portugal Official Says His Country Needs A Bailout
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