As for the reference period for calculating the pension, currently set at 20 years (it will converge in 2022 in the last 25 years for the 2011 reform), remember that it is also below that used by the main countries in the area, where The complete work career is used. The impact on spending in 2048 could reach 2 points of GDP, a figure close to the savings provided by the implementation of the pension revaluation index, while minimizing the impact on the coverage rate. Therefore, recommends increasing the career of computing the pension beyond the 25 years. The Spanish engineering Termination Letter Template has rebounded this afternoon at the stock market 5.75% hours after announcing the award of two new contracts to build two plants of combined cycle valued at around 900 million dollars (about 785 million euros).
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That intervention – the decision that the State controlled the boxes through the Frob, under the Ministry of Economy – hurt, according to Rato, the boxes. “With the clear intervention that the boxes lost,” said the defendant, who faces five years in prison in this case for a crime of swindling investors. Rato is already incarcerated for the case of black cards and is transferred every day to the National Court from the prison of Soto del Real.
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The second session of the statement of the former vice president of the Government with the Popular Party has continued to delve into the technical aspects of the Bankia IPO and the price of the action with which the entity jumped on the floor.
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“It is a change of scenery that does not respond to an autonomous strategy of the entity, not even the regulator, is a decision of the Congress of Deputies and the driver of the measure: the Government,” Rato has again argued to questions from the prosecutor of the case.
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According to Rato, that movement was promoted by the Bank of Spain, which urged them to jump into the market before September 2011, even before what the law stated. “The regulator was looking for the boxes to get out of this anomalous situation of not having capital, and I honestly shared it,” he said.
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Rato insists that the stock market operation was the only exit Bankia had after the measure approved by the Government of José Luis Rodríguez Zapatero, which imposed capital requirements on the funds that in practice forced entities like Bankia to go public so that They could expand their capital.
The shares of the company traded at the start of the day in the selective to 21.87 euros per title, which half session was around 23 euros. The Spanish company has been awarded, in consortium with General Electric, a combined cycle plant for Sumitomo & GE EFS in Termination Letter Template, in the United Arab Emirates. The project will bring you 350 million dollars (305 million euros).