The Globe

Portugal Faces $34.4 Million Hit Following TAP Bond Default

Source link : https://thenewsguy.net/2025/08/03/portugal-faces-34-4-million-hit-following-tap-bond-default/

Portugal has incurred a financial setback following the default on a bond issued by TAP Air Portugal, resulting in a loss of $34.4 million, according to ch-aviation reports. The state-owned airline’s failure to meet its debt obligations marks a significant blow to the Portuguese government’s efforts to stabilize the carrier amid ongoing challenges in the […]

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Author : jeepeg

Publish date : 2025-08-03 01:07:00

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