http://elpais.com
欧州委員会の競争?相(Joakquin Almunia)は、スペインの不良債権で破綻寸前で、資本増強の融資で救済された銀行のひとつは、破産させると主張(たぶん、Banco de Valencia?)
Almunia revela que el Gobierno va a liquidar uno de los bancos nacionalizados
Bruselas debe pronunciarse sobre la reestructuración de las tres entidades bajo control público
El comisario argumenta que a veces es mejor echar el cierre que pagar el rescate
Almunia reveals that the government will settle one of the nationalized banks
Brussels to rule on the restructuring of the three entities under public control
The Commissioner argues that it is sometimes better to pay close down the rescue
Reuters Madrid 13 JUN 2012 - 18:38 CET
Brussels to rule on the restructuring of the three entities under public control
The Commissioner argues that it is sometimes better to pay close down the rescue
Reuters Madrid 13 JUN 2012 - 18:38 CET
The European Commissioner for Competition, Joaquin Almunia, said Wednesday that one of the three Spanish financial institutions that have ended in the hands of the state is "aimed at liquidation." During an interview with Reuters, Almunia has argued that closing banks or experiencing serious problems is better because it is cheaper to address rescue or restructuring it.
Almunia has relied on the future of one of the three entities that are at auction, although the process has stalled due to a deterioration in the markets over the past weeks and the Government's decision to activate the rescue. That is, the Novagalicia nationalized Bank Catalunya Caixa and Banco de Valencia intervened. Spain is awaiting final approval from the European Commission for its restructuring. The Bankia nationalized also has yet to request formal approval for its recapitalization plan.
"If I'm not mistaken, one of the three, according to the intentions of the Spanish authorities is aimed toward a settlement so that it is a constant concern after the restructuring," said Almunia. "In each analysis of each financial institution always try to estimate the alternative cost of liquidation," he added before reiterating that "if the settlement costs are lower for taxpayers to the rescue and restructuring of an institution, we opted for an orderly liquidation of the state. "
more informationAlmunia advanced that Spain will have to charge 8.5% to the bench for the helpBrussels confirms that the bank rescue will exacerbate the deficitThe FROB report serious irregularities in the Banco de Valencia
In this vein, a source quoted by EP Community recalled that prompted Brussels to Spain closing the problematic entities whose failure does not destabilize the economy in exchange for the ransom of up to 100,000 million to recapitalize the sector. "We do not have to save all banks unless absolutely necessary," he assured the senior European official. "There are cases where entities have to liquidate," he added.
Organizations that decide to ask for help must submit a restructuring plan to ensure its future viability without subsidies and limit distortions of competition. In addition, as reported yesterday Almunia himself, entities requesting public funds must pay interest of at least 8.5% (compared to between 3% and 4% who will pay Spain for European aid). The aim of this kind "almost prohibitive" is pushing banks to try to achieve maximum recapitalization through market mechanisms, with asset sales or mergers.
"The EU wants to" avoid as much public money is used "so that" if there are entities that should fail, go bankrupt. "Brussels think I could have players in the market, both domestic and international, interested in acquiring assets Spanish banking market. While currently no operation can be considered risk free, "there may be promising investments" because the crisis will end and the Spanish financial system is "interesting" by its projection in other regions such as Latin America. " may appeal to investors who want long-term bet, "said the sources.
Despite the position of Brussels, the Secretary of State for Economy, Fernando Jiménez Latorre, has ensured that its forecasts are not closing any bank. "Not a likely scenario," he assured before noting that the goal is to "very similar" to what has been done so far from the Bank Restructuring Fund (FROB). However, the fate that had also been nationalized or intervened Unnim CAM or CCM has been the solution into a larger entity.
Almunia has relied on the future of one of the three entities that are at auction, although the process has stalled due to a deterioration in the markets over the past weeks and the Government's decision to activate the rescue. That is, the Novagalicia nationalized Bank Catalunya Caixa and Banco de Valencia intervened. Spain is awaiting final approval from the European Commission for its restructuring. The Bankia nationalized also has yet to request formal approval for its recapitalization plan.
"If I'm not mistaken, one of the three, according to the intentions of the Spanish authorities is aimed toward a settlement so that it is a constant concern after the restructuring," said Almunia. "In each analysis of each financial institution always try to estimate the alternative cost of liquidation," he added before reiterating that "if the settlement costs are lower for taxpayers to the rescue and restructuring of an institution, we opted for an orderly liquidation of the state. "
more informationAlmunia advanced that Spain will have to charge 8.5% to the bench for the helpBrussels confirms that the bank rescue will exacerbate the deficitThe FROB report serious irregularities in the Banco de Valencia
In this vein, a source quoted by EP Community recalled that prompted Brussels to Spain closing the problematic entities whose failure does not destabilize the economy in exchange for the ransom of up to 100,000 million to recapitalize the sector. "We do not have to save all banks unless absolutely necessary," he assured the senior European official. "There are cases where entities have to liquidate," he added.
Organizations that decide to ask for help must submit a restructuring plan to ensure its future viability without subsidies and limit distortions of competition. In addition, as reported yesterday Almunia himself, entities requesting public funds must pay interest of at least 8.5% (compared to between 3% and 4% who will pay Spain for European aid). The aim of this kind "almost prohibitive" is pushing banks to try to achieve maximum recapitalization through market mechanisms, with asset sales or mergers.
"The EU wants to" avoid as much public money is used "so that" if there are entities that should fail, go bankrupt. "Brussels think I could have players in the market, both domestic and international, interested in acquiring assets Spanish banking market. While currently no operation can be considered risk free, "there may be promising investments" because the crisis will end and the Spanish financial system is "interesting" by its projection in other regions such as Latin America. " may appeal to investors who want long-term bet, "said the sources.
Despite the position of Brussels, the Secretary of State for Economy, Fernando Jiménez Latorre, has ensured that its forecasts are not closing any bank. "Not a likely scenario," he assured before noting that the goal is to "very similar" to what has been done so far from the Bank Restructuring Fund (FROB). However, the fate that had also been nationalized or intervened Unnim CAM or CCM has been the solution into a larger entity.
0 件のコメント:
コメントを投稿