The possibility is already foreseen in the document in which the European Commission justifies the authorization it gave Portugal to sell Novo Banco to Lone Star: if both the existing mechanisms to assure the bank’s capital ratios fail, the State may have to inject more public capitals into Novo Banco. Now, confronted with that issue, … Continue reading Aid to Novo Banco ends this year? “I would not be so brave as to make that forecast”, Centeno states