Brazil's new Finmin Barbosa sees no need to bailout Petrobras
BRASILIA Dec 22 (Reuters) - Brazil's new Finance Minister Nelson Barbosa said on Tuesday that he sees no need to inject capital into debt-laden Petroleo Brasileiro SA as new management of the state-run oil company recovers its finances.
"I don't think it is necessary to inject capital in Petrobras. That is a an extreme measure and we are far from that," Barbosa said in a teleconference with foreign media. "I think market solutions are better solutions." (Reporting by Alonso Soto)
© Thomson Reuters 2017 All rights reserved.