BERLIN (Reuters) - France and the Germany want Portugal to accept international as soon as possible rescue plan in order to prevent its debt crisis is spreading to other countries, the German magazine Der Spiegel reported Saturday.
Without cite its sources, magazine says expert Government of two tenors of the Europeans are concerned about Lisbon will soon be able to finance its debt at a reasonable rate, after its borrowing costs rose at the end of last year.
Berlin and Paris also want eurozone countries to commit publicly to do what it takes to protect the single currency of the block, including complete a Fund of 750 billion euros ($968 billion) rescue if necessary.
Portugal is considered by many economists as the device of the euro area are more likely to follow the Ireland and Greece to seek an international rescue plan as it seizes to cut its debt and borrowing costs. It held its first auction of bond of the year, next week.
(Written by Brian Rohan.) (Editing by Alison Birrane)
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