Marcelo Rebelo de Sousa reacted to the suspension of registration for savings bonds on Saturday when he left the agricultural fair in Santarém. The president appealed to the bank “make a little effort to make the situation more attractive to Portuguese savers”.
This Friday, the official website of the IGCP could read that “the subscription to Series E Savings Certificates has been suspended”. Meanwhile, the Ministry of Finance announced through a statement to the editors that this Friday the government approved the creation of the F series, which will replace the E series. The new series will be available on Monday.
“The government, that is, the government, has made the decision to suspend the issuance of savings bonds in order to issue new ones. Here he took the opportunity to appeal to the bank again. Deep down, much of the demand for savings bonds is because the Portuguese think the Bank pays little. It should make a small effort to make the situation more attractive for Portuguese savers,” said Marcelo Rebelo de Sousa.
The president also stressed that alternative means such as savings bonds cannot be abandoned, suspended, postponed or given up indefinitely “just because the Bank understands that it needs to fix the past and protect itself for the future.”
When asked about the Tutti-Frutti case, Marcelo Rebelo de Sousa said he would not comment on any specific case. “I would like to say that there were cases where justice was promoted. Then there are others that are further behind and in general it is important that the Portuguese see justice working”.
Regarding the international economic situation, Marcelo Rebelo de Sousa said he hopes that the international situation will continue to improve and that this will be reflected in Portugal. “The Portuguese hope that the large numbers of the economy reach their wallets”.
Source: DN
