The Financial Times reports that Portugal "is in a frontal shock" with foreign investors

The unelected socialist PM, António Costa

Analysis of the "Financial Times" says the decisions related to the New Bank 

and the reversal of concessions in transport.

Portugal is in a "frontal shock" with international investors 

after the controversial decision by the Socialist government 

to restructure one of the largest banks in the country, 

while seeking at the same time, balancing a conducive environment 

for investment with the promise 

to end years of austerity, according to "Financial Times ".

Some of the largest funds in the world, 

have threatened to move to court after the Bank of Portugal 

have imposed losses of two billion to senior bondholders of the New Bank 

- these have been passed on to BES, the "bad bank". 

The Economic reports today that the BoP (Bank of Portugal) 

will "ignore" the decision of a London court 

on the decision of Oak Finance to go to the BES bank.

In addition, moves to cancel the sub-processes in the transport sector, 

including the privatization of TAP, 

motivated more protests both from the foreign companies involved, 

as from the embassies of countries 

such as France, the United Kingdom and Mexico.

"Costa is facing the impossible task of trying 

to reconcile the competing demands 

between the radical left-wing partners in parliament 

and the international investment community," 

said Mujtaba Rahman, the risk consultant of the Eurasia Group. 

"This is likely to have a negative impact 

on the Portuguese business environment for several years."

Pedro Passos Coelho, the former Prime Minister, 

attacked the new socialist-marxist-leninist-government on Wednesday, 

saying that this is antagonizing investors, "reversing and destroying" 

what the previous government had done and implemented 

and "undermining the confidence of foreign investors." 

In addition to the new measures to the New Bank, 

the Government also rescued Banif Bank, 

spending 2.2 billion euros to save a small regional bank, says the FT. 

International investors affected by the decision 

have already warned that the actions of the new unelected government 

will push up borrowing costs and have an effect on interest rates.

Investors has also shown their displeasure by Costa´s efforts 

to re-establish public State control of TAP, the national airline, 

seeking to reverse the sale of the majority stake. 

At the same time, several private operators of transport, 

from Spain, France and Mexico, 

are trying to block the government's decision 

to reverse concessions on public transports in Lisbon and Porto. 

The Mexican and the British embassies 

have expressed their concerns on the subject.

This is what the radical socialist-marxist-leninist unelected government

of António Costa do, 

REVERT; 

DESTROY; 

CANCEL:

REVERSAL:

ABOLITION:

SHOCK with international investors:

CONFRONTATION:
ARROGANCE: