The EU has approved a loan to Portugal

EU finance ministers on May 16 approved an allocation of 78 billion euros Portugal loan to cover the state of fullness According Lenta.ru citing Agence France-Presse, the decision was taken unanimously by the Ministers. In exchange for the loan, the Portuguese government will take some measures to reduce the budget deficit. In 2011, the deficit should reach 5.9 percent of GDP in 2012 - 4,5 percent in 2013 - 3 percent. As noted by AFP, a key role in the decision to grant credit Portugal played to create a new coalition government in Finland. The new government did not enter the party Perussuomalaiset («True Finns"), took third place in the elections and opposes the allocation of loans to countries in the eurozone. Portugal became the third country in the eurozone, who asked a loan to cover the debt. Earlier in the spring of 2010 back a loan of 110 billion euros was Greece, and last November 85 billion euros have been allocated to the Government of Ireland.