Creditors agree to Portugal loans

Portugal's international creditors have agreed to give the country the next slice of its rescue loans, worth 4.3 billion euro (£3.4 billion), according to a European Union diplomat.

The decision, made at a meeting of the 17 finance ministers of the countries that use the euro, was widely expected - even though Portugal has said it will miss the targets laid out in exchange for the 78 billion euro (£63 billion) bailout.
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