Portugal’s banks fear ‘Cyprus virus’ (Capa)


Financial Times (Reino Unido)

Portugal’s top bankers have called on Europe’s leaders to stop “playing with fire” and moderate their stance towards the eurozone periphery, or risk instilling alarm among bank depositors in future.
In separate interviews, the heads of the country’s two biggest banks – Millennium BCP and Banco Espírito Santo – said they were concerned that the precedent set by Europe’s treatment of Cyprus’s recent troubles had increased nervousness across the eurozone to dangerous levels.
“Leaders need to moderate their language. This could be very bad,” Ricardo Espírito Santo Salgado, chief executive of BES, told the Financial Times.
Nuno Amado, his opposite number at BCP, talked of a “Cyprus virus”, saying: “If someone had designed a plan to hurt the European market, it would be difficult to think of something better…You can’t keep playing with fire.”
The comments come in the wake of the EU’s messy deal to…

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