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The credit ratings agency Moody's Investors Service has downgraded Portugal's debt to junk status.
The agency said there was a great risk that the country would need a second bail-out before it was ready to borrow money from financial markets again.
Portugal, Greece and the Irish Republic were all given bail-out loans to give them time to repair their economies so they could borrow money normally again.
But Greece has already had to start negotiating a second bail-out.
source: bbcuk
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+ Arsip Berita Indonesia - Moodydan#039;s predicts Portugal will need second bail-out.
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Source: http://arsipberita.com/show/moodydan039s-predicts-portugal-will-need-second-bailout-261305.html
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