European leaders are worried that the the debt crisis will spread, and that they will need to cover Ireland and Portugal in new rescue plans. In order to receive aid the countries would have to formally ask for it.
Portugal claims that it is in a better position than Ireland and that it does not need help, and Ireland says that it can keep going without help until spring. Weaker economic countries such Ireland and Portugal and stronger economic countries using the Euro are being pulled apart. The Portuguese finance minister said
that if Ireland's financial problems continue to get worse and it is unable to pay its debts to other European
countries those countries may get financial problems such as Spain.
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