TITLE

Belgium : Commission approves resolution aid for Portuguese Banco Espand#237;rito Santo

PUB. DATE
August 2014
SOURCE
TendersInfo News;8/5/2014, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of the European Commission to approve the resolution plan of the Portuguese Banco Esp#237;rito Santo S.A. (BES) in 2016. The resolution plan includes the creation of a bridge bank that will be provided with the necessary means to maximize the value of its assets in the sale process. The commission acknowledged the effect of a disorderly resolution on the Portuguese economy.
ACCESSION #
116731593

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics