Bloomberg News

Regling Says With Adjustment Portugal Can Return to Markets

October 13, 2011

Oct. 13 (Bloomberg) -- European Financial Stability Facility head Klaus Regling said that “with a lot of adjustment” Portugal should be able to return to markets.

Regling, speaking today in Lisbon, said that Portugal isn’t where Ireland is now. He said Portugal’s adjustment started six months after that of Ireland.

Portugal “has a very good chance to implement reforms,” he said. “I’m hopeful that Portugal can become the second success story.”

To contact the reporter on this story: Anabela Reis in Lisbon at areis1@bloomberg.net

To contact the editor responsible for this story: Leon Mangasarian at lmangasarian@bloomberg.net


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