Is Portugal facing a banking crisis? I spoke with Daniel Gros – Director of the CEPS

 

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Though Italy and it’s banking crisis (specifically Monte Dei Paschi) has been the central focus of concerns over the stability of Eurozone financial institutions recently, Portugal is also facing serious issues, as what some are calling an ongoing banking ‘crisis’ — not quite equal to the one in Italy, but significant nonetheless, dominate people’s thinking in the Iberian state.

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