IMF considers asking for longer debt maturities in bailouts

(Reuters) - The International Monetary Fund should ask private bondholders to hold onto the debt of financially distressed countries for longer, as the global lender seeks to improve its sovereign debt restructuring strategy, IMF economists said on Friday.

Portugal does not seek Greek-style debt deal: Prime Minister Pedro Passos Coelho

LISBON: Portugal will not seek changes to obtain lower interest rates on its bailout loans as Greece received and is respecting targets laid down by creditors, Prime Minister Pedro Passos Coelho said on Tuesday.