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Explicación pública
El Gobierno se equivoca al no investigar en el Parlamento la crisis de Bankia
public explanation
The Government is wrong to not investigate in Parliament crisis Bankia
The Country 25 MAY 2012 - 00:01 CET
The Government is wrong to not investigate in Parliament crisis Bankia
The Country 25 MAY 2012 - 00:01 CET
After meeting the basic lines of the rescue of Bankia, which is done through the direct contribution of public capital is gaining body's policy choice to set up a large public bank. Opportunities like the partial nationalization of BFA and Bankia rarely repeat and it will clearly be difficult to sell the group, once healthy, private capital, unless it is appropriate to a comminution now seems inconvenient. But a public bank to be understood as a means of emergency. The first option should be Bankia resell and recover, if possible at a profit, public money provided.
Bankia must be rescued with public money (with the absolutely necessary) because a bankruptcy of the entity would have devastating consequences not only for the Spanish financial system, but also for economic growth and employment. Who relate the money invested in sanitation banking drastic cuts in health and education must take into account the enormous evils of not saving the entity and its effect on citizens. But these are also right when they highlight the suffering caused by cuts in public services. Therefore, the rescue of Bankia not be easily accepted by the population if there is no public explanation of the guilty and responsible for the ruin.
Not enough for the Minister of Finance explain to Congress the financial solution of the crisis. You need to appear all those responsible for the entity to the nationalization, political advisers and Caja Madrid who designed the merger and flotation of the company. So it is a success the parliamentary hearing of the governor of the Bank of Spain (on request) and that's a mistake the government's refusal to form a commission to investigate the case Bankia
Bankia must be rescued with public money (with the absolutely necessary) because a bankruptcy of the entity would have devastating consequences not only for the Spanish financial system, but also for economic growth and employment. Who relate the money invested in sanitation banking drastic cuts in health and education must take into account the enormous evils of not saving the entity and its effect on citizens. But these are also right when they highlight the suffering caused by cuts in public services. Therefore, the rescue of Bankia not be easily accepted by the population if there is no public explanation of the guilty and responsible for the ruin.
Not enough for the Minister of Finance explain to Congress the financial solution of the crisis. You need to appear all those responsible for the entity to the nationalization, political advisers and Caja Madrid who designed the merger and flotation of the company. So it is a success the parliamentary hearing of the governor of the Bank of Spain (on request) and that's a mistake the government's refusal to form a commission to investigate the case Bankia
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