BUSINESS

Management crisis heightens within privatization fund TAIPED

ILIAS BELLOS

TAGS: Privatizations

State sell-off fund TAIPED saw its management crisis escalate on Thursday night after one of the three remaining governing board members disagreed with decisions promoted by the other two.

The country’s creditors have already been made aware of the problem, which began when TAIPED head Stergios Pitsiorlas’s was made deputy economy minister.

The issue is considered serious as key board decisions are required on subjects such as closing the transaction for Trainose, the extension of the Athens Airport concession contract, and the tenders for Egnatia Odos, Rosco and Thessaloniki Port Authority, among others.

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