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@JonathanMitchell
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Portugal Banking Crisis Santander to buy BANIF
People walk past the Coimbra branch of Santander Totta - a subsidiary of the Spanish banking group of the same name who are buying up another failed Portuguese bank called BANIF. After hundreds of millions in bailouts to failed banks like BES, it is estimated the average Portuguese household has to foot the bill to the tune of approximately Euro 1,900 each.
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