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Image header Agence Europe
Europe Daily Bulletin No. 10172
GENERAL NEWS / (eu) eu/internal market

01/07/2010 (Agence Europe) - European Internal market Commissioner Michel Barnier has spoken critically of the Portuguese state's “golden share” in Portugal Telecom (PT) as Lisbon blocked the purchase by Telefónica of Spain of PT's stake in its Brazilian subsidiary Vivo. “We do not think that this blocking action can be justified,” he said in answer to a question on the sidelines of a press conference on Thursday 1 July. “It is an impediment to the free movement of capital and...

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