Portugal will receive $ 116 billion

Portugal reached an agreement with the EU and the IMF for financial assistance in the amount of $ 116 billion, according to BBC Russian on Wednesday, May 4. According to Acting Prime Minister Jose Socrates of Portugal, for that amount it will receive the three-year loan. Portugal will become the third country in the eurozone after Greece and Ireland, which receives financial assistance from the EU and the IMF. The European Union has agreed to provide financial assistance to Portugal in early April. After a national political crisis brought borrowing rates in Portugal to record, the state appealed to the European Union with a request to borrow money.