The Economy Minister Luis de Guindos, said they were “investigated all the boxes” and was not found “nothing” similar to the case of the cards in B of Caja Madrid and Bankia. “It’s getting a forensic audit of all types of remuneration in all savings,” he added
Sunday, December 14, 2014 . – 11:22 h.
In an interview published today by ABC, collected by Europa Press, the head of the Ministry of Economy has referred to the controversy after it has charged this week with the previous socialist government of having “forced wills” and “looked the other way” in the operation of Bankia IPO in July 2011, remembering that this operation “would never have been possible without the approval of the Bank of Spain and the Comisión Nacional del Mercado de Valores (CNMV).”
In this sense, De Guindos has insisted that “however much they had pawned Bankia team manager, without the approval of the Bank of Spain and the CNMV, there goes public” and stressed that “we must also talk about political will, which represents through the Official Gazette (BOE) “. “The royal decree of February 2011 law forced Bankia to go public because it required more capital to entities that did not meet a certain percentage of capital in private hands. The only real alternative that had Bankia was going public” he underlined.
“The political will was there, and even seen in the statements of the socialist government of the time. It was defined as a state matter. How can you be an IPO a matter of State? The path chosen was the wrong absolutely. It had to be first forced banks to make provisions and adjust the value of its assets to reality and from there recapitalize, which is what we did in 2012, “he argued.
In addition, the economy minister said he respects “to the max” supervisors, but noted that “more clear observation” in this sense has been the Secretary General of the PSOE, Pedro Sanchez, “admitting that the appointment of Miguel Angel Fernandez Ordonez was a mistake.” “If you say will be by the decisions of the Bank of Spain in its mandate,” he noted.
On the other hand, when asked whether the Government planned to postpone the privatization of Aena, the economy minister has replied: “No. It goes public in the next quarter.” Regarding the feasibility of economic proposals made by Can, has warned that are “unacceptable” within the monetary union and that “nobody in their right mind is thinking that Spain will leave the euro”.
Whether commitment to amend the Constitution or to address a fiscal pact with Catalonia, has said that the government is ready “to assume full funding of Catalonia” and reminded you already have, “Autonomic via Liquidity Fund (FLA ) and plan providers, over 40% of its debt, and reach 100%. ” In addition, he noted that Catalonia has saved “8,000 million” in interest due to the State. “For the Generalitat, markets were Spain’s stepmother and mother. We will always be there,” has riveted.
Finally, De Guindos says his “quota ministerial office” has “already busy “. “I have had a minister of Economy in the worst financial and economic crisis in this country. It has been an honor and a privilege, but this cycle is over,” he stated, then conclude that do “whatever he wants President Government “in relation to the possibility that a candidate to chair the Eurogroup in Brussels.
No comments:
Post a Comment