Thursday

24th Aug 2017

Ticker

Commission allows Portuguese bank recapitalisation

The European Commission authorised Wednesday a €5.1 billion public recapitalisation of the Portuguese state-owned bank Caixa Geral de Depositos (CGD). The bank will receive €2.7 billion from the government, which will also convert CGD bonds it owns into shares, and transfer shares to the bank. The commission said the recapitalisation would not be considered state aid because the government can expect high returns from markets.

Opinion

Managing migration: a European responsibility

"The EU now needs to bring its weight to bear, to ensure non-EU countries cooperate on taking back their nationals arriving as economic migrants", writes migration commissioner Dimitris Avramopoulos.

'Killer robots' are not about Terminator

A European signatory of an open letter about autonomous weapons says the imagery of fictional killer robots is distracting from a seriously dangerous issue.

News in Brief

  1. Poll shows tight race in Norway's upcoming elections
  2. Macron slams EU posted workers rules
  3. Air Berlin insolvency talks begin amid 'stitch-up' accusation
  4. EU calls on Serbia and Macedonia to remain calm
  5. Schulz wants US to remove nuclear weapons from Germany
  6. Ukraine and Russia to announce another ceasefire
  7. EU to investigate Monsanto-Bayer merger
  8. US will ask Nato allies to send more troops into Afghanistan

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