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Europe Daily Bulletin No. 9090

16 December 2005
Contents Publication in full By article 24 / 30
GENERAL NEWS / (eu) eu/infringements/public procurement
Commission asks Portugal to submit its observations on special rights held by Portugal in Portugal Telecom

Brussels, 15/12/2005 (Agence Europe) - The European Commission has decided to send Portugal a formal request to submit its observations on the special rights held by the state/public entities in Portugal Telecom. The legal framework governing the privatisation of Portugal Telecom provided for privileged shares (A-shares), the majority of which were to be held by the State/public entities. Although the number of A-shares was reduced during the successive privatisation phases, the...

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