Portugal’s public-owned bank Caixa Geral de Depósitos (CGD) has commissioned a study from business school Nova SBE into ruinous loans made to the Algarve’s Vale do Lobo luxury resort a decade ago. At issue are loans which led to losses of almost €300 million and which centre around the economic and financial presuppositions that permitted … Continue a ler CGD commissions study from Nova SBE on ruinous Vale do Lobo loans