‘Brussels team already in Lisbon to impose bank cuts’

Published on 13 February 2013 at 10:26

Cover

After receiving €6.5bn from the state, Portuguese banks Caixa Geral de Depósitos, BCP, BPI and Banif are to meet envoys from the European Union’s Directorate General for Competition in Lisbon to debate the introduction of restructuring measures, the details of which have yet to be revealed.
In the case of BCP, the bank may be forced to sell Bank Millennium, the brand it uses for its Polish operations.

Categories

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Voxeurop needs you. Join our community!

On the same topic