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Collapse of Portuguese government raises prospect of bail-out at EU summit

A European Union summit has started in Brussels a day after the collapse of the Portuguese government raised the prospect of another crisis within the eurozone.

Leaders will consider how to expand bail-out funding for countries using the Euro that get into financial difficulties.

The Portuguese prime minister, Jose Socrates, offered his resignation on Wednesday after parliament rejected his austerity measures.

Matthew Price reports from Brussels.

  • 24 Mar 2011
  • From the section Europe