RENEE MONTAGNE, host: NPR's business news starts with Europes debt saga.</s>RENEE MONTAGNE, host: The European has renewed its attempts to solve the continents financial problem. EU finance officials approved a bailout package today for Portugal. Its worth about $110 billion and will be distributed under a three-year program run jointly with the IMF. Yesterday, the IMF said its providing another two and a quarter billion dollars in loans to Ireland as part of that countrys bailout program.
The financial package for Portugal is worth about $110 billion and will be distributed under a three-year program run jointly by the IMF. The EU is also providing more money in loans to Ireland.