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Blog 100 Reféns - Portugal | Monday, November 8, 2010

Portugal for sale

China's President Hu Jinao visited Portugal on Sunday and pledged the financially stricken country financial support. Whether China will also purchase government bonds as the Portuguese government had hoped remains open. Tiago Mesquita writes in his blog for the weekly Expresso that the country would then be up for sale, and writes the corresponding classified ad: "Country for sale. Named Portugal, situated on the Atlantic, with 18 rooms and a sea view. Equipped with 10.5 million relatively sceptical inhabitants. ... Total surface area 92,090 square kilometres. Southwest section of the Iberian Peninsula, pleasant temperatures and a mild climate. With south-facing balcony. Excellent wine and beach facilities. Rather worn down socially, political class in need of renovation, in general needs a good overhaul. ... Deferred terms available: payable in twelve instalments at interest rate of ten-year Portuguese government bonds (six to seven percent). For cash payment will throw two Atlantic islands into the bargain. ... For further information please contact Chinese embassy in Portugal."

» To the complete press review of Tuesday, November 9, 2010

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