login
login

Europe Daily Bulletin No. 12946

6 May 2022
Contents Publication in full By article 23 / 31
COURT OF JUSTICE OF THE EU / Banks
Portuguese rules used for resolution of Banco Espírito Santo are compatible with property rights, says EU Court of Justice
Strasbourg, 05/05/2022 (Agence Europe)

The Portuguese Regulation on which the resolution of Banco Espírito Santo (BES) in August 2014 was based is compatible with the right to property, the Court of Justice of the European Union ruled on Thursday 5 May (Case C-83/20).

Two companies holding subordinated bonds issued by BES and shareholdings in the Portuguese bank are challenging in the Portuguese courts the compatibility of the Portuguese Regulation on the resolution of credit institutions with EU law and the provisions of the...

Contents

Russian invasion of Ukraine
EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
ECONOMY - FINANCE - BUSINESS
COUNCIL OF EUROPE
NEWS BRIEFS