Tuesday 18 January 2011

FT.com / Europe - Portugal looks beyond debt issue on Gulf tour

Portugal has raised the possibility of private placements of its public debt with Qatar, although prime minister José Sócrates has insisted that the issue is not on the agenda of an official visit to the Gulf.

Luís Amado, Portugal’s foreign minister, said potential purchases of Portuguese public debt by Qatar were “the subject of conversations between the respective finance ministers”.

“It is an area that is at the centre of our attentions,” he told Portuguese television.

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