“The winning consortium has undertaken and will put the company until the end of 2016 a minimum of 338 million euros, which will add another 16 million euros minimum also received by the Portuguese state, “he said Economy Minister António Pires de Lima, told reporters in Sofia, Bulgaria.
Faced with the possibility of selling assets of the national air carrier, Pires de Lima noted that the specification was published in due course and there will be an injection of “354 million at least.”
“There are 338 million euros of equity consortium, 16 more that are delivered to the state, 354 million ‘cash’ money. The EUR 354 million is money the consortium, 338 million euros for capitalize the company, 16 million euros as a minimum for the state. This money can grow to about 490 million euros, “he said, stressing that” it is normal for the future management of TAP will adopt the measures deemed appropriate to improve the treasury of the company. “
Declining to answer detailed questions about the business of TAP when is monitoring the state visit of the President of the Republic of Bulgaria, Economy Minister assured that it is a process “completely transparent”.
“There is nothing, but absolutely nothing to hide in this business and meets all the requirements contained in the specifications has been presented and published,” he stressed.
Pires de Lima also rejected that, contrary to insinuate the opposition parties, the President has no “inside information” about the deal, insisting that the point of view of information was “a process that ran from according to the best rules of transparency. “
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