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Marina Schwarz

No More Subsidies for Petrobras?

Marina Schwarz in Oil (General)

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Marina Schwarz    + 1,576

Marina Schwarz

Just saw this.

"Criticizing the history of government interference in the company, Castello Branco says "fuel prices should be in line with international ones, with a sound 'no' to subsidies or to attempts at having a monopoly... We are pro-market economists. We like competition."

Competition he may like but will he like the road blockades? I mean, it's been less than a year since the protests that led to the fuel subsidies.

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