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Europe Daily Bulletin No. 11120

12 July 2014
Contents Publication in full By article 17 / 31
ECONOMY - FINANCE - BUSINESS / (ae) portugal
Commission makes reassuring noises about BES

Brussels, 11/07/2014 (Agence Europe) - The European Commission said it “does not see cause for undue concern” on Friday 11 July in the light of the problems facing Portugal's biggest bank, Banco Espirito Santo (BES), that emerged on Thursday. On Thursday morning, BES' main shareholder, Espirito Santo Financial Group (ESFG) had sales of its shares suspended after they fell more than 8% because of problems with the holding company that controls the group, Espirito Santo International (ESI)...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
EVENTS CALENDAR