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Portugal Eyes Wealth Fund for Strategic Stakes, Premier Says (opens original article in a new tab)

TL;DR

Portugal's government plans to establish a sovereign wealth fund to maintain state control over strategic economic sectors like energy, banking, and telecommunications.

  • Portuguese government plans to create a sovereign wealth fund to retain stakes in strategic sectors
  • Fund may invest in energy, banking, telecommunications, and airport infrastructure
  • Fund resembles Spain's Sepi in managing state holdings

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