Portugal to inject €4.4bn into crisis-hit BES bank
A man walks by BES headquarters in Lisbonr
Lisbon - AFP
Portugal will inject 4.4 billion euros ($5.9 billion) into the crisis-hit Banco Espirito Santo (BES), national bank governor Carlos Costa announced late Sunday, amid fear of a catastrophic bank run.
In recapitalising the ailing bank, which recorded first-half losses of 3.57 billion euros last week, the government is seeking to avoid contamination throughout its fragile economy and into the wider eurozone.
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:56 2018 Merkel policies in focus in final debate on draft German budget
- Thursday ,08 November GMT 14:11 2018 Greek minister, Russian ambassador discuss possible investment projects
- Wednesday ,07 November GMT 11:15 2018 Top U.S. diplomat visits Pakistan to discuss economic cooperation
- Thursday ,01 November GMT 13:53 2018 Alrosa to sell 127 large gem-quality rough diamonds at an auction in Israel
- Tuesday ,30 October GMT 10:59 2018 Trade turnover between Russia and Japan grows by over 17% in 2018
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 08:56 2017 Friday ,04 August
Shaybah, one of the largest oil reserves and wildlife sanctuary
GMT 08:13 2017 Monday ,20 November
Arabs unanimously agree on rejecting Iranian approach
GMT 12:42 2018 Friday ,07 September
Japan quake toll up to 18 as rescuers dig through landslides
GMT 20:48 2017 Wednesday ,22 February
Dividend announcements drive Muscat bourse
GMT 04:13 2016 Tuesday ,06 December
EgyptAir offers 50% discounts on tickets this month
GMT 18:48 2017 Sunday ,13 August
Crown Prince condoles with Egyptian President
GMT 06:44 2017 Friday ,17 March
Bowling, table tennis achievements lauded
GMT 13:34 2017 Wednesday ,22 November
paObama climate envoy slams Trump's rejection
GMT 03:46 2017 Saturday ,29 April
Perry-Migos teamwork in Bon Appetit ‘irks music fans’
GMT 09:32 2017 Monday ,08 May
Trump's travel ban faces new test
GMT 12:50 2018 Thursday ,22 November
Russian diplomat slams US for meddling in Interpol's head election
GMT 14:46 2018 Sunday ,07 October
Storm developing in Arabian Sea, unlikely to hit UAE
GMT 10:05 2018 Monday ,01 October
Saudi crown prince Mohammad bin Salman concludes Kuwait visit
GMT 12:12 2017 Monday ,06 February
Survey shows America's friends, enemies in eyes of US residentsGMT 21:39 2013 Monday ,04 February
Bruce Willis to support saving Sobieski Vodka
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor