“In general, the companies we speak about are attractive. And the prices are now much more attractive than before”, answered Pedro Gomez de Baeza, founder of GBS Finance.
The privatization plan, agreed at 5,000 million euros until the end of 2013, contains risks, he admits. “Probably, it’s better to make privatizations more slowly. But Portugal needs them soon. Rather than to optimize the process, they need to sell as quickly as possible.”