Thursday, March 31, 2016

Solution for injured BES is getting closer – News Minute to (press release)

It’s getting closer to solution that will put an end to the drama of the injured BES, seeking an answer for over a year. “The Portuguese Government has agreed with the Bank of Portugal, CMVM, Banco Espírito Santo and Customer Protection Association of Banking injured, Investors in Commercial Paper (AIEPC) a principle of understanding that seeks to establish the best solution for all parties involved” can be read in the memo sent to newsrooms.

the same document gives the assurance that the government is committed to “minimize the economic and financial losses suffered” by the injured parties. The agreement already sealed between the government and the institutions concerned left agreed some axes, the main demand for a dialogue to find a solution that suits both parties.

It is, on the part of the Executive, the guarantee that “the dialogue procedure and the possible solutions that it may be found will respect the process of resolution of BES and the terms and limits of the resolution.”

Another of the agreed points that “this process of dialogue in the search for freely accepted solutions does not involve, for the respective participants, exemption, waiver or suspension of any rights, nor does it affect or suspend any actions or proceedings, although injunctive nature that find themselves pending. “

in this path, missing now that the memorandum has the endorsement of victims themselves, who are now (18:00) meeting with the Prime Minister.

[News in update]

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