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ECB right to withhold information on Portuguese bank collapse, advocate general says

By Dominic Lawson

04 October 2019

ECB right to withhold information on Portuguese bank collapse, advocate general says The advocate general said the ECB was entitled to withhold information about the collapse of Banco Espírito Santo / iStock.com/Luis-m-Leonardo

An EU advocate general has found that the European Central Bank was within its rights to hold back certain documents relating to the 2015 collapse of Portugal’s Banco Espírito Santo, from one of its shareholders.