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Portugal: 4.9 bln euro bailout for Banco Espirito Santo – economy

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Portugal has injected almost 4.9 billion euros into one of the country’s biggest lenders Banco Espírito Santo (BES) to prevent it collapsing.

Carlos Costa, governor of the Bank of Portugal, said the bank’s healthy businesses would be spun off into a “good” bank, while its toxic assets would be hived off into a “bad” bank.

Costa told a news conference that there had been, “a very high risk of contagion that put into question the stability of the national financial system. The Bank of Portugal d…
READ MORE : http://www.euronews.com/2014/08/04/portugal-49-bln-euro-bailout-for-banco-espirito-santo

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EU temporarily extends controversial chat-scanning regime until 2028

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EU temporarily extends controversial chat-scanning regime until 2028

EU countries have adopted a temporary regime allowing messaging services to voluntarily detect child sexual abuse material until 2028. End-to-end encrypted apps like WhatsApp and Signal remain exempt.

READ MORE : http://www.euronews.com/2026/07/23/eu-temporarily-extends-controversial-chat-scanning-regime-until-2028

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US Ambassador To EU Calls Out NATO Partners

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“It was a big mistake for a small ask.”

US Ambassador to the EU Andrew Puzder says some European allies were wrong to deny US access to military bases during the Iran conflict, arguing NATO partners should be prepared to support one another beyond a narrow interpretation of the alliance’s obligations.

Watch the full #12MinutesWith interview tonight at 19.30 CET on Euronews.

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Europe Today #137, in less than 60 seconds

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World Cup shock as Paraguay knocks Germany out, the EU tries to avoid a trade war with China, and US-Iran peace talks remain fragile.

This was today’s #EuropeToday. Catch up in just 60 seconds and watch the full show on Euronews.

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Congo’s Ebola outbreak kills more than 1,000 people

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Congo’s Ebola outbreak kills more than 1,000 people

The World Health Organization has said that the true scale of the outbreak could be two to four times larger than official figures indicate.

READ MORE : http://www.euronews.com/2026/07/22/congos-ebola-outbreak-kills-more-than-1000-people

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UNHCR, on Iran war escalation: “We are unable to help everyone”

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“We are unable to help everyone.”

Brussels representative of the UN’s humanitarian body warns on #EuropeToday that an escalation of the war in Iran could force the agency to “make a choice” about who to help, as US and EU funding cuts have shrunk its budget by more than half.

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