GO
Loading...

Enter multiple symbols separated by commas

Europe News Portugal

More

  • Banco Espirito Santo 'unlikely to default': Pro Friday, 11 Jul 2014 | 3:15 AM ET
    Banco Espirito Santo 'unlikely to default': Pro

    Otto Dichtl, managing director at Stifel Nicolaus, says there are "question marks" around the amount of capital Banco Espirito Santo has, but the lender is unlikely to default.

  • Euro crisis not back, Portugal a 'warning sign': Pro Friday, 11 Jul 2014 | 2:20 AM ET
    Euro crisis not back, Portugal a 'warning sign': Pro

    Edward Hugh, an independent economist, says the euro zone debt crisis has not returned but the issues in Portugal are a "warning shot" that it might be back soon.

  • Italian banks 'resilient': Banking body Friday, 11 Jul 2014 | 1:45 AM ET
    Italian banks 'resilient': Banking body

    Giovanni Sabatini, managing director of the Italian Banks Association, says Italian Banks are in "good shape" and have worked hard to prepare for the asset quality review.

  • Yen won't stay strong for long: ANZ Thursday, 10 Jul 2014 | 10:43 PM ET
    Why the yen won't be strong for long

    Khoon Goh, Senior FX Strategist at ANZ, expects the Japanese yen to weaken against the U.S. dollar soon if the problems in Portugal's banking sector don't escalate.

  • Why fears over Portugal may be overblown Thursday, 10 Jul 2014 | 9:03 PM ET
    Why fears over Portugal may be overblown

    Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners, discusses the concerns surrounding the euro zone's periphery markets.

  • Portugal fears won't be systemic: Pro Thursday, 10 Jul 2014 | 7:15 PM ET
    Portugal fears won't be 'systemic': Pro

    James Lowell, CIO of Adviser Investments, expects markets to recoup losses once investors realize that fears over Portugal's banking sector are "individual and isolated."

  • Portuguese bank already ran afoul of US in 2012 Thursday, 10 Jul 2014 | 1:30 PM ET
    Pedestrians pass an ATM outside the headquarters of Banco Espirito Santo SA, Portugal's biggest publicly traded bank, in Lisbon, Portugal.

    The Fed issued a cease-and-desist order and a $975,000 fine to Banco Espirito Santo for a violation in 2012.

  • Portugal bank woes Thursday, 10 Jul 2014 | 12:14 PM ET
    Portugal bank woes

    Banco Espirito Santo was fined $975,000 by the Federal Reserve in 2012. CNBC's Michelle Caruso-Cabrera provides insight to the fine.

  • Trading suspended on Banco Espirito Santo: Report Thursday, 10 Jul 2014 | 9:27 AM ET
    Pedestrians carry umbrellas past an Banco Espirito Santo SA branch in Lisbon, Portugal.

    Shares in one of Portugal's main banks, Banco Espirito Santo, were suspended from trading after dropping another 17 percent, Dow Jones reported.

  • Portugal suspends trading in Banco Espirito Santo: Report

    Portugal suspends the trading in Banco Espirito Santo shares, reports CNBC's Michelle Caruso-Cabrera.

  • Cashin: Prevent contagion in Portugal Thursday, 10 Jul 2014 | 9:22 AM ET
    Cashin: Prevent contagion in Portugal

    Art Cashin, UBS director of floor operations, discusses how problems in Portugal have spilled over to spook the U.S. stock market.

  • EU shares tank amid Portugal banks fears Thursday, 10 Jul 2014 | 8:01 AM ET
    EU shares tank amid Portugal banks fears

    CNBC's Karen Tso reports there's a selloff in global markets triggered by disappointing economic data and concerns around troubled Portuguese banks.

  • Europe 'papered over' its problems: Pro Thursday, 10 Jul 2014 | 7:31 AM ET
    Europe 'papered over' its problems: Pro

    Jim Iuorio, TJM Institutional Services shares his thoughts on what's prompting the selloff in European markets.

  • Fears surface around Portugal's banks Thursday, 10 Jul 2014 | 7:08 AM ET
    Fears surface around Portugal's banks

    CNBC's Karen Tso reports European shares fell sharply on weak economic data and fears about Portugal's banks.

  • Portugal will not backtrack on reforms: Pro Sunday, 18 May 2014 | 7:00 PM ET
    Portugal will not backtrack on reforms: Pro

    Antonio Barroso, senior vice president at Teneo Intelligence, says the Portuguese government will not backtrack on its tough austerity reforms, but will need to offer voters incentives ahead of the election.

  • 'No risk' ahead for Portugal: Pro Friday, 16 May 2014 | 11:00 AM ET
    'No risk' ahead for Portugal: Pro

    Antonio Garcia Pascual, chief euro area economist at Barclays, comments on Portugal and says that while challenges remain, overall the picture is positive.

  • Portuguese bonds: 'The market is right' Friday, 16 May 2014 | 4:30 AM ET
    Portuguese bonds: 'The market is right'

    Fernando Ulrich, CEO of Banco BPI, says bond spreads for Portugal are justified and shows the market recognizes the "major effort" Portugal produced over the past few years.

  • No risk of fiscal 'irresponsibility': Portuguese PM Friday, 16 May 2014 | 4:00 AM ET
    No risk of fiscal 'irresponsibility': Portuguese PM

    Pedro Passos Coelho, Portuguese prime minister, comments on the sacrifices made by Portugal to exit its bailkout program and says there is "no risk of imprudent budget policy."

  • 'Clear signs' of economic recovery in Portugal: Pro Friday, 16 May 2014 | 1:00 AM ET
    'Clear signs' of economic recovery in Portugal: Pro

    Pedro Norton, CEO of Impresa, says Portugal's economy is in a "much healthier position" after exiting the bailout.

  • Portugal on 'path to growth': PM Thursday, 15 May 2014 | 7:00 PM ET
    Portugal on 'path to growth': PM

    Portuguese Prime Minister Pedro Passos Coelho, says the country is on a path to growth as it prepares to exit its bailout.