Montero reaffirms that the Government will reach 10% of Telefónica and highlights the "good" reception from investors. The shares of the telecommunications operator rise timidly in the first hours of the trading day, repeating highs of the year and touching 4.09 euros, levels that had not been seen for almost a year.

The threshold number to reach a director is 6.7% in the current body, but both BBVA and Caixa have a member with a lower percentage.