Global Stocks Feel Europe Debt Pressures
From feeds.thestreet.com
Updated from 3:43 a.m. EST
LONDON -- Stock markets and the euro were back under pressure Friday as investors fretted over a report suggesting Portugal's partners in the European Union were urging the country to seek aid to prevent a sustained attack from bond market speculators.
The report from FT Deutscheland, which cites unnamed European Central Bank officials, was denied by the ECB and the German finance ministry. It comes after suggestions the EU is willing to boost the size of its financial backstop facility and that officials in Dublin are considering forcing Irish bank bondholders to take a hit in the country's rescue plan.
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