ON TRACK: Portugal is complying with conditions for a $105 billion international bailout it received last year, the country's finance minister and foreign lenders said Tuesday. That means Portugal will get the next installment of $20 billion, for a total of $65 billion.
DEBT DRAG: Portugal's debt load and feeble growth spooked investors last year, pushing the country close to bankruptcy. All three major international ratings agencies classify Portuguese debt as junk.
AVOIDING GREECE: The Portuguese government and European leaders want to avoid a repeat of problems in Greece, where authorities missed targets and the country needed a second bailout.