Eurogroup gives seven more years to pay off loan to Portugal

Finance ministers of the Eurozone accepted, this Friday morning in Dublin, extend the maturities in seven years of European loans received by Portugal and Ireland.

The implementation of the decision is subject to a number of conditions, including its parliamentary ratification in some countries, such as Germany, where it will receive the green light from the Bundestag (German Parliament).

Portugal has yet to take steps to compensate the lead of the Constitutional Court.