By borrowing money from Europe instead of going directly to the markets to finance itself, Portugal saves on interest rates as the European Union is able to issue debt on better terms.
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By borrowing money from Europe instead of going directly to the markets to finance itself, Portugal saves on interest rates as the European Union is able to issue debt on better terms.
In a 2028 and 2037 double auction this morning, the Portuguese Treasury placed a total of 1 billion euros in long-term debt.
