???? according to the reference news reported on July 12th, the Portuguese banking crisis, sparked panic fears that Europe's debt crisis stage a comeback.
???? The Associated Press [Lisbon] on 10 http://www.applefish123.com/ July, the European financial crisis fear again linger http://www.bestsportgame.com/ in investors mind.
???? Thursday for Portugal's biggest bank worries triggered fears, fears that the country might happen again financial problems in Europe that has subsided, the market crisis may stage a comeback.
???? in Europe and American stock and bond prices fell, as traders, gold as a safe investment.
???? focus of tension is the Holy Spirit International Group, the holding company is the family business including Portugal's largest bank the bank's parent company, the largest shareholder. Allegedly, the Holy Spirit International Group this week failed to repay a loan, and accounting irregularities, such a farce caused the European debt crisis in four years ago.
???? Portugal is one of the smaller economies of the euro http://www.jugemblog.com zone, it is like Greece and Ireland, in 2011 the European debt crisis period need to accept international assistance. A period of three years of economic recovery plan should straighten out the country's financial industry. The Holy Spirit bank difficulties make people worry may still exist some not blasting bombs.
???? to provide funds to the International Monetary Fund said in a statement to the Portuguese bailout, Portugal also has some weak links, but no specific comment.
???? spirit bank shares were suspended in the fall after 17%, the stock market fell 4.2% http://www.unitedstatesenglish.com/ in lisbon. The Portuguese benchmark 10 - year bond yields rose 0.21 percentage points, to 3.97%. The Dow Jones Industrial Average fell 0.4%, Germany's DAX index fell 1.5%, Italy and the Spanish stock market decline, up to 2%.
???? is that part of the reason http://www.thepaladin123.com/ for investors worried about the current, the scale of the problem is still not clear, and may spread to other companies.
???? May audit found that the Holy Spirit International Group, there were "serious" accounting irregularities. According to reports, the company this week and deferred payment of short-term debt to the customer. Because the Holy Spirit International Group occupies an important share in the company network, its financial woes could affect other companies within the group.
???? a subsidiary of one financial group is the largest shareholder of the spirit of the spirit of the bank, on Wednesday it was Moodie down three grade. The rating agency expressed concern about the relation between the company's "lack of transparency" and the group company.
???? the Portuguese government insisted that the bank is stable, its shares fell just reflects its parent company's problems.
???? but investors before Europe had heard this guarantee, the result is the bank insolvency, need a lot of funds.
???? analysts said, because more > no scale financial problems the Holy Spirit group
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