The minister of Economy, Nadia Calviño, has recognized this Wednesday that the privatization of Bankia may not be the price that is currently listed and has not ruled out a delay beyond 2019, when it’s just the time limit, with the goal of maximizing the recovery of public aid to the banking sector. The minister has been open, in addition, the possibility of selling a higher percentage of the packages sold until now, they have not passed the 7%. “Is not the same to sell a 7% to a controlling stake,” he said in response to a question during his speech at a breakfast organized by Europa Press.
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The State offered for sale 7% of Bankia, valued at about 840 million, BMN, in the countdown to their incorporation to Bankia
This option allows to venture in the privatization of the entity nationalized participate in investment funds and entities who might be interested in to manage it. “It’s not ruled out anything,” he added Calviño. In any case, and with respect to the recovery of the aid to the bench, has stressed that the main objective is to ensure the stability of the financial system and the institutions will channel credit to the citizens.
on the other hand, the holder of Economy has been argued that the authority for macro-prudential, whose constitution was scheduled for the next Council of Ministers, will be delayed by at least a week. To the minister, is to try to avoid that each supervisor does not see beyond its perimeter. This institution is a step forward to ensure that there is no financial crises of the recent years. One of the innovations will be the creation of an authority of customer protection in financial. Similarly, the next approvals under figure of the white book to reform the governance of the institutions of the country.
Budget “difficult, but not impossible”
After pointing out that I didn’t understand the surprise that they caused the words of Pedro Sanchez concerning the Budgets are Onwin taken to the Congress in January, Calviño has reviewed the agreement with the PDeCAT “it is difficult, but not impossible.” “In any case, you would have to explain why you do not support Budgets that comply with the objectives of fiscal discipline and inclusive growth”, he insisted. Asked on whether the Executive was to govern with royal decrees in the absence of Budgets, has emphasized that “the plan is to approve it, it is not time to talk about plan B”.
In similar terms has been expressed by the Finance minister Maria Jesus Montero, who has also attended the meeting. According to Montero, it is not understood that “it seems contradictory that [the PDeCAT] ask for more resources and does not approve the vehicle for achieving it”, when the Budgets provide 2,000 million to Catalonia. Then has taken the opportunity to make a reflection and change of opinion, to which he invited also the other parties that do not support the public accounts.
The minister Calviño has also confirmed that it maintained the growth forecast of 2.6% for this year, as well as the 2.3% for the next. In that same prism, it has been argued that the debt will be reduced at least 97% of GDP this year.
On the pension, has stated that “they have a good future.” “It is a jewel that has the support of the society there to take care of. Short-term has a positive situation, but we have to reflect constantly in order to maintain the political consensus,” he continued. In this regard, has recognized that “it is important to increase the lower pensions”.
“Cordon sanitaire” to Vox
On the outbreak of Vox in the andalusian Parliament, Calviño has commented that the process would not have been surprised. “I have seen his development in other european countries, which has been based on all the matches. He hoped that Spain was vaccinated, but unfortunately has not been the case,” he said. “We have to learn from other countries, where it has established a cordon sanitaire,” he added in a clear reference to the parties of the right to avoid pacts with Vox for the sake of forming a Government.
In any case, has reviewed the election results andalusian “do not change plans or the roadmap” of the Government. In the face of what has been a scourge to the credibility of the institutions by citizens, has raised the need to restore confidence.
The minister of Finance, for its part, has intensified this speech and has commented to the press that he hopes that PP and Citizens “do not make compromises with parties ends, that are xenophobic, racist, and professed anti-feminists”.
