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Miro auction to recoup cash for failed bank on hold

05.02.14 @ 08:52

  1. By EUOBSERVER

The Portuguese government's plan to sell 85 Joan Miro paintings in London on Tuesday was cancelled due to “legal uncertainties”. The surrealist paintings belong to Portugal's BPN bank, which was nationalised in 2008, but the paintings were taken out of Portugal illegally, according to the opposition Socialist Party.