Subscribe to industry newsletters

PORTUGAL

Shareholder digs hole for Portuguese bank

LISBON, PORTUGAL: A key shareholder in stricken Portuguese bank Banco Espirito Santo (BES) has failed to repay a huge debt, putting the banking group at risk of legal action, the unpaid creditor Portugal Telecom )PT) claims.

17 Jul 2014

GERMANY

Escalating crisis having an impact on Europe

NUREMBERG, GERMANY: Faced with the ongoing debate about a Greek bailout and the worsening debt crisis in France and Italy, European consumers are noticeably unsettled once again.

25 Oct 2011