VOICED: Portugal to seek financial bailout after PM steps down

Portugal is on the brink of a financial crisis similar to Greece and Ireland, potentially needing a bailout from eurozone partners and the IMF. Political instability has arisen after the Prime Minister's resignation due to opposition to austerity measures. Portugal requires €50 billion to manage its debt, and its inability to borrow could destabilize Europe. A European Summit in Brussels aims to address the ongoing financial crisis, but Portugal's turmoil threatens recent stability, with concerns about the crisis spreading to larger countries like Spain.

How has the austerity plan affected public sentiment in Portugal?

What was the purpose of the two-day European Summit in Brussels?