EU to hold crisis talks as Portugal seeks bailout (AFP)

European finance ministers face a point of no return as they gather in Hungary Thursday for talks derailed by Portugal's sudden admission it needs an emergency bailout.An abrupt Lisbon U-turn, after weeks when the collapsed Portuguese government insisted it did not need the external financial aid experts deemed inevitable, changed radically the mood going into a supposedly informal meeting lasting until Saturday.

European finance ministers face a point of no return as they gather in Hungary Thursday for talks derailed by Portugal's sudden admission it needs an emergency bailout.

European finance ministers face a point of no return as they gather in Hungary Thursday for talks derailed by Portugal's sudden admission it needs an emergency bailout.

European finance ministers face a point of no return as they gather in Hungary Thursday for talks derailed by Portugal's sudden admission it needs an emergency bailout.An abrupt Lisbon U-turn, after weeks when the collapsed Portuguese government insisted it did not need the external financial aid experts deemed inevitable, changed radically the mood going into a supposedly informal meeting lasting until Saturday.