“The uncertainty in the market is always worse in any scenario” – Economic

"The uncertainty in the market is always worse in any scenario" – Economic

Ana Maria Barroso

maria.barroso@economico.pt

Yesterday 13:04

Maria Luís Albuquerque assumed today that “until the New Bank to be sold remains uncertainty about the value of such sale.” The minister said he would not speculate on whether the value is lower or higher than 4.9 billion injected.

“Until the New Bank to be sold remains uncertainty about the value of such sale, over a possible value that must be assumed by the institutions, “said Maria Luis Albuquerque today in Parliament. The minister added that he will not “speculate on whether or not more than EUR 4.9 billion” capital injected in the New Bank when BES resolution .

“Until the market is sold can speculate about why value will be sold. Uncertainty in the market is always worse in any scenario,” said also. Maria Luís Albuquerque reminded that selling more or less rapid “explains” these doubts.

The minister admitted that “the solution of the resolution is not perfect” being possible against the framework and what was actually available . “Perfect was we did not have the problem,” he said.