Portugal's Sale of TAP Airline Bogged Down by Political Crisis [Yahoo! Finance]
AIR FRANCE-KLM ADS (AFLYY)
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Administration Plans to Eliminate Dozens of Housing Offices NJ College to Merge With State School After Financial Stress Republican Mayor Braces for Tariffs: ‘We Didn't Budget for This' How Upzoning in Cambridge Broke the YIMBY Mold NYC's Finances Are Sinking With Gauge Falling to 11-Year Low Prime Minister Luis Montenegro's minority government on Thursday called for a confidence vote — a contest it's likely to lose after opposition parties vowed to reject the motion. Defeat in the parliamentary vote would lead to Montenegro's dismissal and early elections expected in May. This would put his government in a caretaker role, deciding only on urgent matters that don't include the sale of TAP, said the people, who asked not to be named discussing contingencies. The sale process would then be delayed for several months until a new government is in place, they said. Montenegro's administration was due to start a privatization process in March
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