Latest articles from Peter Wise

Mario Centeno teaser

Finance minister sees Portugal's efforts rewarded

May 1, 2018

Portugal's finance minister, Mário Centeno, believes his election as president of the EU’s Eurogroup reflects the country’s efforts to achieve economic recovery, and proves anti-austerity policies can be compatible with EU fiscal rules. Peter Wise reports.

BCI teaser

Shaken but not stirred: Mozambique's banks look forward with optimism

June 1, 2017

The 'tuna bond' scandal, donor suspensions, a sharp rise in inflation rates and slower economic growth have made for a difficult operating environment for Mozambique's banks in the past couple of years. However, Peter Wise discovers a sector where optimism very much prevails. 

Andarko teaser

Mozambique looks to gas reserves in aid recovery from 2016 blip

June 1, 2017

Mozambique is slowly advancing towards financial stability following a period of scandal and currency depreciation. Now it must find the money, and the partners, to help it exploit its abundant gas reserves, writes Peter Wise.

Lisbon teaser

Portugal's economy defies the odds and the critics

April 3, 2017

The left-wing coalition government of Portuguese prime minister António Costa has silenced critics with what has so far been an effective financial policy. Now it must convince the ratings agencies and Portugal’s international creditors. Peter Wise reports.

Millennium BCP teaser

Portugal’s banks rise from the ashes

April 3, 2017

Once one of the standard bearers for the travails of the eurozone, Portugal appears to be in the early stages of a recovery, one in which its revitalised banks are playing a leading role – albeit heavily backed by foreign investment. Peter Wise reports.

Antonio Ramalho teaser

Novo Banco’s chief executive takes a lesson from history

April 3, 2017

The chief executive of Portugal’s Novo Banco, António Ramalho, tells Peter Wise why 2017 will be the final year in its search for a controlling shareholder, and how he is easing the burden of non-performing loans.

Cristina Casalinho teaser

How Portugal staged an investment comeback

December 1, 2016

The CEO of Portugal’s public debt management agency explains how the country is refusing to let political change and low debt ratings prevent it from re-establishing its global investment credentials.

Portuguese capital markets back from the brink

Portuguese capital markets back from the brink

April 1, 2016

Portugal's economy has endured a torrid few years and this has been reflected in its activity in the capital markets. However, the past 12 months have seen reasons for optimism, with the benchmark 10-year debt yield dropping significantly from an all-time high in 2012 and economists cautiously welcoming the new government's financial policies.

A mixed picture for Portugal

Past problems dampen mood as Portugal's banks return to profit

April 1, 2016

After years of unprofitability, the Portuguese banking sector is finally getting back on its feet. But, with the sale of Novo Banco by the Bank of Portugal still outstanding and other lenders vulnerable to takeover, the sector may not be out of the woods yet.

The spark amid a slump

The spark amid a slump: Will Angola's banks emerge from oil price dip stronger?

June 1, 2015

The Angolan banking sector has been hit hard by the oil price slump, adding to concerns about systemic loan book weakness. However, a tough new asset quality review should improve matters, as should the expansion of the country's capital markets.

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