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Made in Germany

Portugal accepts EU bailout - Who's next?

It's finally happened: after Greece and Ireland, now Portugal has been forced to accept financial relief from the EU - meaning the Portugese will have to economize even more than they already have. What will the consequences for the beleaguered country be? And will there be ramifications for other European countries - for example, Portugal's neighbor Spain?

Watch video 03:14
We talk to finance experts in Frankfurt and visit with Hamburg's Portugese community. Here, people are worried about the dramatic developments in Portugal. report by Dagmar Zindel.