Portugal to extend loan moratorium to avoid jump in bad loans, Centeno says
12 May Portugal to extend loan moratorium to avoid jump in bad loans, Centeno says
Posted at 13:47h
in
News
by KMFSLLP
Portugal will extend its
six-month suspension on debt repayments beyond September for as
long as it takes to avoid jeopardising the banking system with a
jump in bad loans when the measure is lifted, Finance Minister
Mario Centeno said on Wednesday.
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