Friday, October 10, 2014

Passos Coelho ensures that the Government will not intervene in Portugal … – Business Journal – Portugal

Passos Coelho ensures that the Government will not intervene in Portugal … – Business Journal – Portugal

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Passos Coelho ensures that the government does not will intervene in Portugal Telecom

“I wanted to return the state to have a golden share in Portugal Telecom? This government will not do it,” he said after Pedro Passos Coelho Ferro Rodrigues has stated that what is happening in the Portuguese operator “is extremely dangerous for the country.”

“I wanted to return the state to have a golden share in Portugal Telecom? back What to intervene in the company and to destroy value? This government will not do it, “said Pedro Passos Coelho when confronted by the parliamentary leader of the Socialist Party on the current situation of the Portuguese operator.

The situation of Portugal Telecom was also addressed by the Secretary General of the Communist Party. “If the government is so far the problem of PT or why New Bank injected money there?” Said Jerónimo de Sousa.

“The state is not a shareholder of that company [Portugal Telecom]. Could not blame the Government.’s state is not a shareholder of Novo Banco, is the resolution fund, made up of the contributions from the financial system.’s Government was not consulted on the transaction (merger between PT and Hi). A decision is not reportable to the government, “he said Passos Coelho, distancing themselves from any of the PCP will” nationalize all banks and all strategic sectors of the economy. “

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