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Portugal's political leaders to unveil details of a coalition-saving pact, guaranteeing gov't

Portuguese party leaders say a rift that threatened to bring down the government and caused turmoil on financial markets has been patched up with details of the coalition-saving pact to be announced Saturday.

The crisis was triggered by the resignation of two government ministers, and an accord was hammered out and presented to President AnĂ­bal Cavaco Silva late Friday, Popular Party spokesman Nuno Melo says.

Melo says the proposal "guarantees government stability" and says coalition leaders would later make a joint statement. He says the deal enables Portugal, which agreed a 78 billion euro ($102 billion) sovereign bailout, "to face future challenges."

The political instability rocked European financial markets during the week as the government teetered on the verge of collapse in a dispute over austerity measures.