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Daniel Galvan states his opinion on the sale of the industrial portfolio of banks and savings banks

“Sales of ACS in Iberdrola and Repsol in Sacyr, both affected by millions of losses, proves that financial institutions are no longer willing to refinance debt”.

So far this year, listed companies have sold assets worth €80,000 million.

For Daniel Galvan, all “these operations are only the beginning of a divestment process that will last several years.”