Portugal pays lower interest rates in debt auction

Associated Press
Portugal pays lower interest rates in debt auction

A broker works in the trade room of a Portuguese bank in Lisbon Wednesday, May 15 2013. On Wednesday Portugal collected 1.75 billion euros ($2.3 billion) in a debt auction, with a sharp drop in interest rates providing further evidence that market confidence in the bailed-out country is returning. (AP Photo/Francisco Seco)

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