And that is assuming they find new bond buyers! Recall that Greece had to be bailed out in May 2010 by the European Central Bank and the International Monetary Fund. By mid-November 2010, Portugal...

And that is assuming they find new bond buyers! Recall that Greece had to be bailed out in May 2010 by the European Central Bank and the International Monetary Fund. By mid-November 2010, Portugal sold long-term debt at yields around 6.80% – much higher than those in August 2010 (which were 4.37%).