Portugal

Part of Espirito Santo empire may try to block sale of insurer

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LISBON - Part of the troubled business empire of Portugal's Espirito Santo family said on Friday it may try to block the planned sale of an insurance company it once controlled, adding to opposition already expressed by a group of investors.

Don't repeat mistakes of Irish bailout, former IMF official warns Portugal

* Former IMF official Mody: bank bondholders should suffer

Bonds, Markets, Financials, 13 Aug 2014

European shares hit by Lisbon losses and Russia tensions

* Ukraine/Russia sanctions keep stock markets on back foot

Losses in Lisbon peg back European shares

* Ukraine/Russia sanctions keep stock markets on back foot

Portuguese bank woes weigh on European equities

LONDON, Aug 7 - Concerns about Portugal's banking system hit the Lisbon stock market on Thursday and weighed on European equities, which were also kept in check by tensions between Western powers and Russia.

Stocks gain, bond yields dip after Portuguese bank rescue

NEW YORK - Bond prices rallied and European bank stocks rose on Monday after Portugal forged a plan to prevent the collapse of one of its biggest lenders.

04 Aug 2014

Portugal in $6.6 billion rescue of Banco Espirito Santo

LISBON - Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.

Euro Zone 03 Aug 2014

European Commission says approves Banco Espirito Santo rescue plan

BRUSSELS - The European Commission said on Sunday that Portugal's planned 4.9 billion euro ($6.58 billion) rescue of Banco Espirito Santo (BES) was in line with EU state aid rules.

03 Aug 2014

UPDATE 3-Portugal in $6.6 bln rescue of Banco Espirito Santo

* Junior bondholders, shareholders to bear losses of bad bank

M&A, Bonds, Markets, Stocks, Financials, 03 Aug 2014

Portugal in $6.6 billion rescue of Banco Espirito Santo

LISBON - Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.

Euro Zone 03 Aug 2014
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Ukraine accuses Russia of "undisguised aggression" as rebels advance

KIEV/MOSCOW - Ukrainian President Petro Poroshenko accused Russia on Monday of "direct and undisguised aggression" which he said had radically changed the battlefield balance as Kiev's forces suffered a further reverse in their war with pro-Moscow separatists. | Video