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#536014

transtraxman
Participant

As a continuatiuon of the previous piece of news………..
“Caretaker Portuguese Government Approves TAP Sale” (Airwise/Reuters 12-11-15)

http://news.airwise.com/story/caretaker-portuguese-government-approves-tap-sale

The left-wing opposition declared the transaction “unlawful”. However, the government reacted by saying immediate approval was necessary due to “”imminent collapse at the treasury” of the state-owned company”, if nothing was done. They said that “At most, the money would have to be returned”, if a socialist government came to power. No penalty clauses were attached to the agreement.