Parliament annuls transfer of €476M from Resolution Fund to Novo Banco
Portugal’s parliament has adopted the proposal for an amendment to the state budget cancelling the transfer of €476 million from the bank Resolution Fund to Novo Banco, with the Social Democratic Party (PSD), BE (Left Bloc), PCP (Portuguese Communist Party) and PAN (People-Animals-Nature) voting in favour. The proposal was passed on Wednesday despite votes against by the Socialist Party (PS), Chega and … Continue reading Parliament annuls transfer of €476M from Resolution Fund to Novo Banco
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