Caracas. - Analysts consider that the nacionalizadora crossed one of president Hugo Chavez will affect in the future other “strategic” sectors of the national economy, like foods or health, after the entrance of the State in the businesses oil, electrical, cementero, of telecommunications, steel worker and financier.

Chávez, that it looks for to implant a socialist model in the oil country, initiated in a 2007 ambitious agenda of estatizaciones whose more recent objective is the Bank of Venezuela, unit of the Spanish group Santander, with that already negotiates a purchase agreement, reviewed Reuters.

Although analysts misestimated that Chávez looks for to take more companies in the banking sector, where they operate tens of deprived organizations, few think that the agent chief executive is going to stop his plan to turn to the State into the main economic and productive agent of the nation.

“I do not believe that a process from nationalization of the bank comes, but Chávez does not pause in this. The strategic sectors it seems that they are permeable and could look for food companies, phamacists or of health”, said Asdrúbal Oliveros, director of the company/signature of Ecoanalítica analysis.

With this operation, that came setting for weeks, Chávez would be able to harness the state bank definitively and gives to a powerful blow of effect months before facing complicated regional elections that are key for their political future.

“The Government already came developing the state bank and with the acquisition of Bank of Venezuela, that has a strategic value by its geographic cover, extends and consolidates its presence (in all the country)”, Jose Grasso Vecchio said, analyst head of the financial consultant Softline.

Experts think that Caracas would look for to emulate the Brazilian scheme, in whom state companies coexist with private banks. But, if finally the acquisition is materialized, the State would pass to be the main banking agent from the country when taking control of the third greater organization by assets and deposits.

The banking sector, in which the Spanish BBVA is present also, has had gains record in the last years to the rate of the economic expansion impelled by the high prices of petroleum.

Who follows?

Now, all the eyes are put in the sectors where Chávez has still not taken part on a large scale, especially foods and the deprived health, although insuring, also pharmaceutical and the automotive industry could be in the sight of the Government, disclosed Reuters.

“It is probable (that there are more estatizaciones). For example, a clear objective of the Government is to have an efficient national network of food distribution that with its present programs has not been able to fulfill”, said Caesar Aristimuño, of the consultant Aristimuño, Herrera & Asociados.

But, although economists and industralists hard criticize the nationalizations by their impact in the deprived sector, in the foreign investment and in the efficiency, these measures well are received by the poor majority of the country.

“The expropriation considers like a participation of the State in the productive sectors with which the humblest population will receive one better attention to its needs, and that mainly is endorsed”, Vicente Leon said to Luis, of the Datanálisis poll.

The announcement returned to shoot to the risk country of Venezuela measured by Index EMBI+ of the investment bank J.P. Morgan to 655 points, only 2 units below Ecuador and very over Argentina, while the sovereign debt of the country partner of OPEC fell by second consecutive day.

After to be reelecto by ample majority in 2006, Chávez saw truncated deepening of his revolution when one reforms to the Magna Carta, that extended its powers and eliminated the limits the re-election, was rejected by narrow margin in referendo in December.

Nevertheless, the retired military man, friend and follower of the Cuban leader Fidel Castro, considered the defeat in the ballot boxes as a simple political reverse and promised to follow ahead with its plan to implant in Venezuela a socialist model “of the 21st century”.

“That is to say, basically, as much State as is possible and as much deprived company as he is inevitable”, sentenced Leon.