Saturday, February 27, 2016

Carlos Costa criticism António Costa were “a small incident” – publico

                 


                         
                     

                 

 
 

“There is [therefore] no,” said Carlos Costa, told the newspaper Express Saturday the way the prime minister’s criticisms of the its actions as Governor of the Bank of Portugal (boP).

António Costa lamented “how the administration of the Bank of Portugal have been dragging a decision” on the injured BES, saying this is to prevent a “solution proposed by the Government and accepted by the majority of victims of BES.” Criticism of the BoP followed up by SP leaders and other left parties represented in Parliament.

Asked about the possibility of resigning, Carlos Costa refuses this hypothesis. “It would be curious that any small incident determine a loss of desire to achieve the objectives I have to continue,” said the weekly, concluding that it “would obviously assign a meaning that does not have a statement.”

“we have visions do not always coincide, but since this is guided on one side and the other for the public …” concluded Costa regarding a possible misunderstanding environment between the government and the boP.

in the interview, the governor also spoke about the New Bank, whose management announced this week have a loss of almost one billion euros and will lay off 500 workers. According to Carlos Costa will not be the taxpayers to pay the sale of the New Bank, but the other banks in the system.

The purpose of the discussion on the nationalization of the New Bank, suggested this week by Vítor Bento, Costa refers . for the Government that responsibility arguing that the issue is “outside the mandate of the governor of the Bank of Portugal”

About that redemptions in recent years, were paid by taxpayers, Carlos Costa said wryly: ” If I give an address on the moon to which to send the bill, I say. “

Asked about the solution to the injured commercial paper, the governor said customers have reason to complain about ESI and Rioforte having “every right to be reimbursed by the bankrupt estate.” However, it made it clear that it is up to the Portuguese Securities Market Commission (CMVM) decide. “The only law that we have done for this is the Securities Code, which says that in cases of mis-selling the market authority can reverse the operation. Can not be the Bank of Portugal.”


                     
                 

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