PortugalPolitics

Banco de Portugal and Government negotiate solution to secure bank contributions to the Resolution Fund

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 23/10/2026, 07:56:25 UTC.

Briefings

The Banco de Portugal and the Government are negotiating a legally robust solution to secure additional bank contributions to the Resolution Fund, addressing a Constitutional Court ruling that invalidated the mechanism for periodic fees. Key facts include a proposed repayment of 1.9 billion euros to the State, with the Banco de Portugal's outgoing vice-governor and the Resolution Fund's leadership set to depart at the end of the month. The negotiation aims to resolve a dispute spanning 2013-2017 regarding the constitutionality of the fee-fixing instruction.

Key points

• The Banco de Portugal and the Government are actively negotiating a legally robust solution to secure additional bank contributions to the Resolution Fund, addressing a Constitutional Court ruling that invalidated the mechanism for periodic fees.
• A proposed repayment of 1.9 billion euros to the State is being negotiated, with the Banco de Portugal's outgoing vice-governor and the Resolution Fund's leadership set to depart at the end of the month.

Context

The Banco de Portugal and the Government are negotiating a legally robust solution to secure additional bank contributions to the Resolution Fund, addressing a Constitutional Court ruling that invalidated the mechanism for periodic fees. This resolves a dispute spanning 2013-2017 regarding the constitutionality of the fee-fixing instruction.

Limitations

Evidence covers the negotiation between the Banco de Portugal and the Government regarding a legally robust solution to secure bank contributions to the Resolution Fund. It does not specify the exact timeline for the legislative action required to resolve the dispute, nor does it provide details on the specific conditions for the 1.9 billion euro repayment beyond the stated amount.

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