Bank of Portugal gives government growth forecasts âthumbs downâ
Caption: Portuguese prime minister AntĂłnio Costa Despite the benefit of the doubt displayed this week by President of the Republic Marcelo Rebelo de Sousa, the Bank of Portugal has poured
Legal move to sue Bank of Portugal for âincalculable damagesâ enters Lisbonâs administrative court
âIncalculable damagesâ caused by last yearâs controversial Banif Bank resolution has prompted 40 investors to lodge a court action against the Bank of Portugal (BdP). The âação de impugnaçãoâ seeks
New banking shock as former Banif director AntĂłnio Varela leaves top job
Media speculation is rife today over the reasons for the sudden resignation of former Banif director AntĂłnio Varela from his top job at the Bank of Portugal. Coming days after
Damaged BES investors say solution at last in sight
After months of protests and angry recriminations, the âassociation of the damagedâ has emerged from a meeting with the Bank of Portugal saying it is optimistic that a solution to
Bank of Portugal hires Deutsche Bank as âfinancial colossus stumblesâ
With the financial world reverberating with fears over the health of Germanyâs banking colossus Deutsche Bank, news here is that the Bank of Portugal has hired the troubled institution to
Bank of Portugal spends âŹ100,000 researching ins and outs of monetary union
President of the Bank of Portugal Carlos Costa has given the go ahead to a âŹ100,000 contract with the New School of Business and Economics in Lisbon to research the
Banif resolution could cost Portugal âŹ3.7 billion
It is a grim forecast that many were already aware of but which has taken its toll on upwards of 50,000 small investors, who believed a bank owned in large
Governor of Bank of Portugal talks of schizophrenia
The target of resounding criticism over his handling of the nationâs multiple banking crises, Governor of the Bank of Portugal Carlos Costa has been talking of schizophrenia – but not
Bank of Portugal under attack
Bank of Portugal governor Carlos Costa is under attack from all sides. Large investors, small investors, ratings agencies, even the government. His decision over the Christmas holidays to âselectively and
Beleaguered Bank of Portugal justifies Novo Banco sale fiasco
Vilified in the nationâs press for failing on his promise to sell Novo Banco quickly and to the highest bidder, governor of the Bank of Portugal Carlos Costa is doing