Portugal Spurns Tsipras Call After Bailout Exit

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Greece’s new Prime Minister Alexis Tsipras won’t get much sympathy from Portugal for his debt-relief call.

Facing challenges similar to those in Greece, Portugal worked on putting its house in order and followed Ireland in May to exit its three-year bailout from the European Union and International Monetary Fund without the safety of a precautionary credit line. As Greece now seeks a less painful way out, some in Portugal are crying foul.