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On 24 August, the EC said it had reached an agreement with the Portuguese government on the recapitalisation of CGD under market conditions".
CGD recxapitalisation plan to be announced witin two months
Portugal’s finance minister, Mário Centeno, said in parliament on Wednesday that he expected to have the recapitalisation of state-owned bank Caixa Geral de Depósitos (CGD) finalised within two months and would then announce the total amount of cash yet another bank needed from the tax payers.
By TPN/Lusa, in News · 15 Sep 2016, 08:21 · 0 Comments
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