Portugal

Portuguese govt promises no impact from Novo Banco on state budget

LISBON, Sept 3 - Portugal's government ruled out on Thursday any impact on public finances or a cost to tax payers from the rescue of Banco Espirito Santo (BES) after the sale of its successor bank faced a hurdle.

UPDATE 3-Portugal turns to second Novo Banco bidder after Anbang talks fail

LISBON, Sept 1 - The Bank of Portugal has failed to reach an agreement with China's Anbang Insurance Group Co in exclusive talks over the sale of state-rescued Novo Banco and will now open talks with the second-placed bidder.

Bank of Portugal turns to 2nd bidder for Novo Banco after talks fail

LISBON, Sept 1 - The Bank of Portugal has ended negotiations with a potential buyer of state-rescued Novo Banco after failing to reach an agreement, saying that it will now start talks with the second-placed bidder for the bank.

UPDATE 1-China's Anbang in exclusive talks to buy Portugal's Novo Banco-sources

* Price main criterion, Anbang total offer is largest - source

China's Anbang in talks to buy Portugal's Novo Banco-sources

LISBON, Aug 20 - The Bank of Portugal is in exclusive talks with China's Anbang Insurance Group Co on the sale of state-rescued Novo Banco, leaving two other bidders on the sidelines, sources said.

Clients of collapsed BES take to Lisbon streets, scuffle with police

LISBON, Aug 10 - Hundreds of clients of Portugal's state-rescued Banco Espirito Santo (BES) blocked Lisbon's main boulevard and some scuffled with police on Monday to demand payback of millions of euros invested in the debt of the bank's founding family.

Stocks, Bonds, Markets, Financials, 10 Aug 2015

Bank of Portugal receives one improved offer for Novo Banco

LISBON, Aug 7 - The Bank of Portugal has received one improved bid for Novo Banco but will evaluate in coming weeks all three bids that have been made, the bank said on Friday.

Bank of Portugal wants improved bids for Novo Banco by Aug. 7

LISBON, July 30 - The Bank of Portugal wants bidders for Novo Banco, the successor to Banco Espirito Santo (BES) following a state rescue last year, to come up with improved offers by Aug. 7, the central bank said on Thursday.

UPDATE 1-Portugal's Galp Energia beats profit expectations

* Net profit 189 mln euros vs avg analysts' forecasts 150 mln

Markets, Stocks, 27 Jul 2015

Moniz to leave Iran talks temporarily, returns Friday evening

WASHINGTON - U.S. Energy Secretary Ernest Moniz will temporarily leave the Iran nuclear talks to accept an honor in Portugal and will return to the negotiations on Friday evening, a senior U.S. official said on Thursday.

World, 09 Jul 2015
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Drowned migrant boys buried as Hungary warns of 'mass inflow' of refugees

KOBANI, Syria/BUDAPEST, Sept 4 - A Syrian father on Friday buried his wife and his two little boys, drowned as they tried to flee to Europe, while Hungary's leader told Europeans they risk becoming a minority on their own continent. | Video