Portugal

China: rescuer or rival?

Energy privatisation: bankers threatened Portuguese government

By Paulo Pena

This is the story of how Portuguese bankers used China as a threat, using their close connection to ministers in the right-wing coalition government. The bank menaced the Prime Minister, both directly and through some of his closest friends, with the threat that China could stop diplomatic relations with Portugal. Investigate Europe spoke to key stakeholders and discovered privatisation from behind the scenes. Read more "Energy privatisation: bankers threatened Portuguese government"