Portugal, Spain 'not comparable' to Greece: Germany

28th April 2010, Comments 0 comments

The German government said Wednesday that the budget troubles faced by Portugal and Spain were "not comparable" to those of crisis-hit Greece, amid fears Athens' woes could spread through the eurozone.

"It is not a comparable situation," a foreign ministry spokeswoman told a regular government news conference when asked whether Germany believed Portugal and Spain might also need a bailout.

"The situation is not a cause for concern."

© 2010 AFP

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