Post by account_disabled on Feb 21, 2024 23:48:48 GMT -5
They are part of a consortium on two highways in the country. The return to the drachma would cause the value of the infrastructure and machinery they have there to plummet Florentino Pérez will renew for five more years as president of ACS Another six-month delay for Bertha, the ACS TBM in Seattle Manuela Carmena reassures Florentino Pérez and Esther Koplowitz ACS, Ferrovial, OHL and Sacyr will create 60,000 jobs in construction Florentino Pérez, president of ACS. Florentino Pérez, president of ACS. In addition to textile groups, such as Inditex or Mango, one of the Spanish sectors that has the most presence in Greece is construction. The large giants, such as ACS and Ferrovial, have several projects underway in their territory that would be strongly devalued in the event of the country leaving the euro zone. The subsidiaries of Ferrovial and ACS - Cintra Infraestructuras and Iridium, respectively - are part of a consortium in two Hellenic highways . The first is that of Central Greece, which connects the north and southeast along 231 kilometers, for which 1,450 million were invested and have the concession until . The other is Ionian Roads, with a similar investment, which runs 378.7 kilometers and the exploitation contract extends until .
They abandoned the construction At least, according to the sources consulted by ECD, the construction was abandoned by the Spanish companies more than three years ago, during the country's first crisis, and in its completion only the local partner, Gek Terna , now has a relevant role, which controls 53% of the consortium. ACS and Ferrovial were left out of construction, a year and a half ago when work resumed, to avoid rearming their teams in Greece, where they left due to the deep crisis in the country's Denmark Mobile Number List economy. However, both have the other 46% of the consortium (23% each) Asset value collapse As El Confidencial Digital has learned from sources in the sector, the worst possible scenario that is drawn at the top of the large Spanish construction companies most present in Greece, such as ACS and Ferrovial, would occur if the Tsipras Government finally decides to return. to a drachma devalued against the single currency. It would cause the income from that country to become even smaller and the assets, mainly the infrastructure available there, would lose significant value .
The threat of exit from the euro A euro exit scenario that, at this moment, cannot be ruled out. Although a few days ago Juncker stated that "it is not about seeing who is right, we must put aside our small ego, even my big ego", the president of the European Commission has now toughened his speech and has stated that he has already studied a possible exit of Greece from the euro zone . He went so far as to specify that there is a “detailed program” for the situation. The president of the European Council, Donald Tusk, also justified that the new summit that the European Union (EU) will hold next Sunday to address the situation in Greece and stressed that until that day " the worst scenario cannot be excluded ." “We are at the most critical moment in our history,” said Tusk, who pointed out that an eventual exit from the euro and the study of the impact of that decision “will affect the entire European Union.”He assures that it is the clients themselves, nervous, who are calling their agencies to ask what is going to happen with the change. These businessmen request to know whether or not they have to pay according to the new personal income tax and, if applicable, how they should do so. To avoid greater evils, from the managers it has been transmitted, for example, to the liberal professionals who issue invoices that paralyze it until the regulations are clarified .