Spanish opposition calls for halt to privatisations

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Series Details 28.9.11
Publication Date 28/09/2011
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Spain’s opposition Popular Party (PP), which was likely to take power after the November 2011 general election, called on the 27 September 2011 for two of Europe’s biggest privatisations to be stopped to avoid 'mis-selling of the state’s inheritance'.

Investors were likely to be taken aback by the blunt threat from Cristóbal Montoro, the PP’s finance spokesman and probable future budget minister, to revise the sale conditions for parts of the state lottery and Madrid and Barcelona airports.

Separately, the leader of the conservative opposition Popular Party, Mariano Rajoy, had declined on the 26 September 2011 to say what he would do with the austerity measures introduced by the Socialists if the PP wins the general elections in November 2011.

Related Links
ESO: Background information: Spanish MPs approve debt limit http://www.europeansources.info/record/spanish-mps-approve-debt-limit/
El País, 26.9.11: Rajoy keeping his cards hidden on planned economic policies http://www.elpais.com/articulo/english/Rajoy/keeping/his/cards/hidden/on/planned/economic/policies/elpepueng/20110926elpeng_13/Ten
ESO: Background information: Spanish general election, 2011 http://www.europeansources.info/record/spain-spanish-general-election-2011/

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