Bailout: Lisbon set to return to the bond market – Portugal
Portugal has mandated four investment banks to launch a five-year bond issue, for the first time, since it received a bailout in 2011. The move will take place as soon as Wednesday, it was revealed...
View ArticleBailout: Portugal requests loan extension – Update
Portugal’s Minister of Finance, Vítor Gaspar, took the occasion of Monday’s Eurogroup meeting to submit a formal request to extend the repayment periods on the country’s bailout, Lusa reported Tuesday....
View ArticleUpdate: Banco Espírito Santo’s crisis resolved overnigh – Portugal
From Sunday to Monday, overnight, the governor of the Bank of Portugal, Carlos Costa, has decided to split Banco Espírito Santo (BES) into two separate banking entities. The measure was made possible...
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