Portugal raises $1.34 billion amid recovery hopes

Associated Press
Portugal raises $1.34 billion amid recovery hopes

A butcher, holding bags, steps out of a butcher's shop next to a mannequin dressed in a Portugal's national soccer colors in Lisbon, Wednesday, Aug. 21, 2013. Portugal raised 1 billion euros ($1.34 billion) in an auction of short-term debt Wednesday amid signs the country’s deep recession has bottomed out, though investors remain wary of the political and economic risks of planned new austerity measures. (AP Photo/Francisco Seco)

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