The euro, which suffered its biggest one-day fall against the dollar in a month on Thursday, hovered near a one-week low and the yields on Greek, Portuguese and Spanish bonds remained elevated amid growing doubts that leaders can bridge differences on how to solve the region's fiscal woes.
The slow pace of European crisis management has heaped pressure on Portugal to seek an EU/IMF bailout, as Greece and Ireland were forced to do last year. But Prime Minister Jose Socrates has resisted saying it would be a national humiliation.
