Portugal could be heading for a snap election at the end of May or in early June.
That is certainly the hope of leading politicians who met President Anibal Cavaco Silva in Lisbon.
This, two days after Socialist Prime Minister Jose Socrates resigned over parliament's rejection of his minority government's austerity programme.
But for political analyst Antonio Costa Pinto, the broader impact of Portugal's financial woes should be put in perspective.
"The role of Portugal in the crisis of the euro is reasonably small," he said.
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