Merkel says Portugal meeting all bailout commitments

German Chancellor Angela Merkel said Portugal has fully met all the goals it set in its 78-billion-euro bailout, adding the Iberian country does not need new financial help.

“Portugal is meeting the commitments it has taken on very well,” Merkel told Portuguese broadcaster RTP, a day before making a trip to Lisbon.

via Business feed http://www.scmp.com/business/economy/article/1080525/merkel-says-portugal-meeting-all-bailout-commitments