Centeno to ask taxpayers another €2.15 billion for Novo Banco

A new €1149 million loan in 2019, followed by a €600 million installment in 2020 and a €400 million tranche in 2021.

Taxpayers will be asked to lend another €2.15 billion for Novo Banco (via Resolution Fund) from 2019 to 2023, Finance Minister Mario Centeno has announced.

The new 2019-2023 Stability Program includes an €1149 million loan this year, to be followed by another €600 million installment in 2020 and a final €400 million tranche in 2021.

Read more in Dinheiro Vivo

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