Expatica news

Caixa Geral’s president is fed up with politicians

Former Health Minister and current president of Caixa Geral de Depósitos, Paulo Macedo, is fed up with politicians.

Announcing a quarterly net loss for the bank of €38.6 million, while explaining this away by noting €58 million in non-recurring items such as staff pay-offs and comfy early retirement packages, Paulo Macedo used today’s press conference to complain that politicians keep trying to drag Caixa Geral into the political arena.

———–

© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.

——————-