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The former CEO of Novo Banco has spoken out about the resilience of the property market in Portugal, highlighting that there is no “real estate bubble”
As the Russia-Ukraine War drags on, plans for Ukrainian reconstruction are underway. If the West has its way, frozen Russian assets will be used to implement the process. Critics warn that such a move could worsen the reputation of the West’s financial system, leading to other countries cutting their dependencies lest they become victims.
A leading court in Portugal, the District Court of Lisbon, has ruled that the ownership of the government of Venezuela of a bank account containing more than US $ 1.7 billion is legal and that its access to these funds must be restored.