The government placed 4.9 billion euros ($5.5 billion) in a bank resolution fund — a mechanism adopted during the eurozone debt crisis to support the financial sector — that kept Novo Banco afloat.
Business Heds Index, Seattle Post-Intelligencer: Business
Wed, 09/23/2015 - 5:10am
The government placed 4.9 billion euros ($5.5 billion) in a bank resolution fund — a mechanism adopted during the eurozone debt crisis to support the financial sector — that kept Novo Banco afloat.