Nuno Miguel Silva
The publication the terms of reference of the privatization process should take place between the end of this month and early next year, assured today António Pires de Lima, Minister of Economy.
“approve the terms of reference [the privatization of TAP] at the end of this month or early next year,” he said today Pires de Lima, in the Committee of Economics, which is taking place in the republic Assembly to debate the situation of the national airline.
The publication of the specifications of the privatization of TAP can only occur after the promulgation of the decree by the President of the Republic.
Pires de Lima returned to defend the privatization model followed, with the disposal of the majority (66%) of the capital TAP (61% for private and 5% reserved for workers).
According to the Minister of Economy, one privatization through a dispersion of a minority share capital of TAP, for example, 49% through a dispersion on the stock exchange, does not bring the flexibility of management and the capital injection that the national flag carrier needs, in addition to limiting the operation to TAP SA, because “it does not seem credible that include engineering operation in Brazil arouse interest among investors.”
Pires de Lima responded thus the Socialist deputy Rui Paulo Figueiredo, who took that the position of PS in this area supports the privatization of a minority stake in TAP, through a dispersion of 49% on the stock market.
The Minister of Economy has advanced in the last five years, the operation in Brazil absorbed 50 million to TAP, accounting for about half of the current debt of the Portuguese airline.
“In relation to TAP, of course we advocate an alternative path. The State must remain with 51% and keep the controlling stake in TAP and the ability to intervene, “he said Rui Paulo Figueiredo.
The socialist deputy acknowledged, however, that” management of the TAP has been professional, independent and with quality. “
Also against the privatization of TAP proved PCP. Mr Bruno Dias himself said that” there is a very good thing that this Government has made since it came into functions: it was not privatize TAP in 2012 “
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