Thursday September 18, 2014 Search
Weather | Athens
27o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Fear of political cost put brake on sell-off program

 TAIPED chief says target of 3 billion euros is not feasible anymore

By Vassilis Ziras

It was fear of the political cost that led the representatives of the PASOK, New Democracy and Popular Orthodox Rally parties on the governing board of the state privatizations fund (TAIPED) to suspend the implementation of its sell-off program until after the June elections, according to the funds head.

Executive director Costas Mitropoulos told Kathimerini in an interview that the decision has harmed the credibility of the fund, which according to the law is independent from the government, while it also renders the target of 3 billion euros in revenues nonfeasible for this year.

Until very recently we believed that if a strong government were to emerge from the May election, we would still be able to bring in 3 billion euros by the end of the year. Now I do not see that happening. The chances of that are very small, minimal. Until today we had worked well, conducted three privatizations, while six were in the implementation phase and another three very close. But now the board has operated in a political way, said Mitropoulos.

ekathimerini.com , Sunday May 20, 2012 (22:59)  
Very lucky punters set to be probed
London roadshow starts with record turnout
Banks set to request 6.1 bln under TLTRO
More efforts to cut the price of milk
Police report identifies officers with ties to Golden Dawn
A year after the killing of leftist rapper Pavlos Fyssas by a Golden Dawn supporter amid allegations of links between the neofascist party and the Hellenic Police, a report by the forces in...
Increasing number of mayors blocking contract reviews
The number of mayors refusing to comply with the governments demand that they submit the contracts of all municipal employees who had their fixed-term deals turned into open-ended agreement...
Inside News
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
SOCCER
Mitroglou rediscovers scoring touch after Fulham let-down
Costas Mitroglou banished the memories of his disappointing spell in England after breaking a 10-month goal drought as Olympiakos Piraeus secured a thrilling 3-2 Champions League win over At...
Inside Sports
COMMENTARY
Loud patriotism
I admit that whenever politicians drag religious faith and worn-out patriotism into discussions I button up. I feel the same way when I see bishops blatantly getting involved in politics. To...
EDITORIAL
In need of a second wind
Greek Prime Minister Antonis Samaras and a few of his ministers have gone to great lengths to see Greece regain credibility in the eyes of its partners. Given that the state mechanism is not...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Very lucky punters set to be probed
2. London roadshow starts with record turnout
3. Banks set to request 6.1 bln under TLTRO
4. More efforts to cut the price of milk
5. Skiathos tops Greeks online summer holiday searches
6. IMF departure gets on the table
more news
Today
This Week
1. SYRIZA victory would spark a bank run, PM reportedly warns
2. Loud patriotism
3. Production of the new Pony to start by the end of the year, NAMCO says
4. Davutoglu calls for a two-state solution in Cyprus
5. In need of a second wind
6. Tsipras to meet with Pope Francis on Thursday
Today
This Week
1. Greece on standby
2. Avramopoulos appointed Commissioner for Migration and Home Affairs
3. Central Athens traffic restrictions back in force on Monday
4. Greece at bottom of social justice scale among EU28
5. EU bank tests may miss trillion dollar risk, study finds
6. Lost in the fog
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.