A second bail-out for Portugal within 6 months - Steen Jakobsen of Saxo Bank, Denmark

Steen Jakobsen, chief economist of the Danish Saxo bank, 

foresees a second bailout for Portugal within the next six months.

He based his claim on the fact that the governmental coalition of the PSD/CDS Parties 

are falling apart and the government may come to a dramatic end within the next 48 hours,

with early elections on the horizon.

In the case of new elections and a new government, 

Portugal will be forced to ask for a second bail-out within 6 months.