[HIGHLIGHTS] The Government assures that it wants to reach 10% in Telefónica "in the shortest possible time" and the stock shoots up to May highs

The Government assures that it wants to reach 10% in Telefónica "in the shortest possible time" and the stock shoots up to May highs. The Government's "rush" to complete the operation could raise the final bill by several tens of millions of euros.

The 3% declared yesterday by Sepi is valued at just over 700 million euros at market price. At 4:30 p.m., Telefánica shares reached 4.08 euros, an increase of 2.26%.