Jose Socrates (L) next to Fernando Teixeira dos Santos
Media playback is unsupported on your device

Portugal reaches a bail-out deal

Portugal's caretaker prime minister Jose Socrates has announced that he has reached agreement on a bail-out from the EU and the International Monetary Fund.

He said the three-year loan was a "good agreement that defends Portugal".

Alison Roberts reports.

  • 04 May 2011
Go to next video: Portugal in bail-out terms talks