It took a little longer than many expected but in the end, they got there. So now there's Spain to start thinking about, though there's not enough cash around if that happens. The Guardian:
The dramatic decision came in the middle of a political crisis that has left the country in limbo and with spiralling interest rates on its debt.
"I want to inform the Portuguese that the government decided today to ask ... for financial help, to ensure financing for our country, for our financial system and for our economy," Sócrates said in a televised address. "This is an especially grave moment for our country," he added. "Things will only get worse if nothing's done."
Sócrates said that the bailout, which analysts said could be between €70bn (£61bn) and €80bn was "the last resort".
