Portuguese banks open fire on Fitch

Article reports that Portuguese banks have hit out at Fitch Ratings, November 2010 – and one lender, Banco Espírito Santo, has cancelled its contract – after the rating agency repeatedly downgraded the banks over their funding and liquidity risks.

ESO: Background information: Portugal: Peripheral nerves http://www.europeansources.info/record/portugal-peripheral-nerves/

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