The Basque group has in its hands to tilt the result in one way or another as the Permanent Deputation has 65 members of which the PSOE and its investiture partners total 33, compared to 32 of the PP and its allies. In those 33 votes of the block of lefts the seat of the Printable Letter K is included. Therefore, if this group decides not to grant its support to the PSOE, the Government would need to collect the “yes” from some group of the right-wing in order to validate the texts. The Permanent Deputation, the body that replaces the Congress of Deputies when the chamber is dissolved, is currently debating six decrees: the one concerning Brexit, equal opportunities in employment; fight against job insecurity; measures related to housing and rent; regulation of temporary work agencies for their adaptation to the port stowage activity, and destination of the surplus of the autonomous communities and local entities.
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Francisco González explained for the first time in detail the decision of BBVA not to invest in the IPO of Bankia in July 2011, against the decision of the rest of national banks, including Santander, and other companies such as Iberdrola They did support the public offering of subscription (ops) by buying shares of the fourth entity in the country. The former president of BBVA explained during his testimony in the trial for this reason that no international investor had given purchase orders, and that therefore made it appear that Bankia was worthless. Thus, and in spite of the political pressures and the Bank of Spain, according to the banker, the bank decided not to invest and trusted that this could stop the operation. “We thought that with our pressure we could stop the IPO, but unfortunately they did not listen to us,” he said.
The former president of BBVA, which is his first public appearance since the Villarejo case broke out, which is splashed by alleged illegal wiretapping for the bank, is the first to admit in the oral hearing of the trial political pressures from the supervisor and other entities financial support to support Bankia’s flotation and that it would go ahead. “The calls were continuous and of all kinds: policies, large institutions, competitors, placement agencies …”, has revealed, detailing that these conversations were usually with its then CEO, Angel Cano. “The Government promoted the IPO,” he has said. Printable Letter K recalled that, as it is “vox populi”, the Government of Rodríguez Zapatero sold that IPO as a matter of State in which the future of the Spanish economy was at stake. “It was said that if the ops failed, Spain failed. And that was the big mistake, to create that opinion based on incorrect information, “he explained, adding that the IPO” was a bad decision. ” “They were obsessed with doing something that should not have been done,” he concluded. “It was not credible,” he insisted, assuring that he transferred his concern to the national authorities, including the Economy Minister of the time, Elena Salgado.