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    Bailout Knock-Out: 'Someone's gotta fail'

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    RT News Channel

    RT News Channel

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    Portugal is being forced to refute claims that it is next in line for an EU bailout, as its economy wavers on the brink. The country's borrowing rates jumped to record levels amid reports that Germany and France are pushing it to accept outside help to prevent the crisis from spreading further, literally pushing Portugal into debt. Financial adviser Marco Pietropoli understands that Germany and France are pushing Portugal in order to stabilize economic markets, however in the case of accepting outside help the Portuguese will be admitting defeat to their own electorate. But that is not the only problem.

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