The Never-Ending Crisis Greek Debt Restructuring Looks Inevitable

Europe's sovereign debt crisis is threatening to take on new dimensions as Portugal becomes the third euro-zone member to ask the EU for a bailout. Germany is opposed to giving Greece any more financial aid, meaning that Athens will have little choice but to restructure its debt.
An April 1 demonstration in Lisbon against high unemployment and the government's austerity measures. Last week, Portugal became the third euro-zone member to ask for a bailout.

An April 1 demonstration in Lisbon against high unemployment and the government's austerity measures. Last week, Portugal became the third euro-zone member to ask for a bailout.

Foto: Jose Goulao/ dpa
Translated from the German by Josh Ward