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Financial markets volatile over political turmoil in Portugal and Egypt

Business Line

Financial markets volatile over political turmoil in Portugal and Egypt

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A political crisis in Portugal, sparked by resignations in the government, has dragged the country deeper into economic crisis.

The resignations linked to the austerity programme led to fears that the government could collapse with a knock-on effect for Portugal’s orderly exit from its bailout programme.

Economic problems are also a factor in the massive street protests in Egypt that brought down the Muslim Brotherhood presidency. The country’s economy had still not recovered after the 2011 revolution, when it was hit by the latest political turmoil.

We discuss those issues with Nejra Cehic from Bloomberg in this edition of Business Weekly.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

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