VOICED: Portugal to seek financial bailout after PM steps down

Portugal is on the brink of a financial crisis similar to Greece and Ireland, potentially needing a bailout from eurozone partners and the IMF. Political instability has arisen after the Prime Minister's resignation due to opposition to austerity measures. Portugal requires €50 billion to manage its debt, and its inability to borrow could destabilize Europe. A European Summit in Brussels aims to address the ongoing financial crisis, but Portugal's turmoil threatens recent stability, with concerns about the crisis spreading to larger countries like Spain.

What event led to the Prime Minister of Portugal resigning?

• Opposition parties voting against the austerity plan

• A financial aid package from the eurozone

• A successful austerity plan

• A bailout from the IMF

How much money does Portugal need to manage its debt?

• €75 billion

• €25 billion

• €100 billion

• €50 billion

What is the potential consequence of Portugal's inability to borrow money?

• A return to crisis mode for all of Europe

• A decrease in political tensions

• A boost in economic growth

• Increased confidence in financial markets

What was the purpose of the European Summit in Brussels?

• To discuss military alliances

• To finalize the euro bloc's response to the financial crisis

• To plan a cultural exchange program

• To negotiate trade agreements

Which larger euro country is mentioned as being at risk if the crisis spreads?

• Italy

• France

• Germany

• Spain