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EU Court: Woman Can Sue Bank Born Out of Failed Bank

Europe’s highest court said it is wrong to stop a woman from seeking to recoup a bad investment she made in 2008 with a Portuguese bank that later failed and whose assets were transferred to a new healthy bank. A woman walks by the entrance to the European Court of Justice in Luxembourg in 2015. (Geert Vanden Wijngaert, File) (CN) Europe’s highest court on Thursday said a bank created in 2014 to save Banco Espirito Santo, at the time Portugal’s second-largest bank, from collapse cannot be shielded from a lawsuit brought against Banco Espirito Santo by a woman who claimed she was given bad financial advice.

Opportunities and Risks in the Portugal Cards and Payments Market to 2024, Featuring Millenium BCP, CGD, Santader, Multibanco and Apple Pay

Opportunities and Risks in the Portugal Cards and Payments Market to 2024, Featuring Millenium BCP, CGD, Santader, Multibanco and Apple Pay
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

ECB Annual Report 2020

ECB Annual Report 2020
ecb.europa.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecb.europa.eu Daily Mail and Mail on Sunday newspapers.

The Rushin: An Index of Czech Economic Activity - Czech National Bank

The Rushin: An Index of Czech Economic Activity We introduce a preliminary version of the Rushin, a weekly index of Czech economic activity. The index captures the common dynamics of four alternative high-frequency indicators and six standard macroeconomic monthly indicators of activity. It allows us to assess the current pace of economic growth and turning points in the business cycle in a timely way. In addition, it is valuable for nowcasting the current GDP growth rate. It is particularly useful in turbulent times, such as during lockdowns imposed due to the Covid-19 pandemic. It is currently signalling a slight decline in economic activity compared to the last quarter.

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