Portugal has instructed state holding company Parpública to buy up to 20% of REN, expanding the state’s role in the operator of the country’s power and gas networks.
Portugal has instructed state holding company Parpública to buy up to 20% of REN, expanding the state’s role in the operator of the country’s power and gas networks.
Portugal sold €1.63 billion of debt on Wednesday, with yields rising sharply as global bond market turmoil pushes up funding costs for sovereign issuers.
