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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: sm1th who wrote (12009)6/30/2012 3:39:50 AM
From: Spekulatius  Respond to of 34328
 
re PT -
What happens to it when Portugal leaves the euro?
Wouldn't be good for them. Their latin american operations would not be affected. Their domestic revenues would be in local currency (which would presumably devaluated against the Euro) while their debt would remain to be denominated in Euros. This would make it harder to service to pay back their debt.


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