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Spain says not pressuring Portugal on rescue

Source: Reuters - Fri 26th Nov 2010

Spain is not pressuring Portugal to seek a financial rescue, a government source told Reuters on Friday.

Euro zone nations and its central bank are urging Portugal to apply for a financial bailout from a European rescue fund, Financial Times Deutschland reported.

"What Spain wants is for Portugal to pass its budget and fulfill its stability program," the source said, asking not to be named.

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