ECONOMY

Gov?t says ports to remain under state monitoring

Merchant Marine Minister Costas Mousouroulis confirmed on Wednesday that any decision for the utilization of the portfolios of the port authorities of Piraeus and Thessaloniki will be for the benefit of the Greek economy, while the state will retain a monitoring role in the country?s ports.

In a statement presented in Parliament, Mousouroulis reiterated the government?s intention to have the best possible use of the ports by the state privatization fund (TAIPED), but that would not mean the state would relinquish all control of them.

?The ports will not be put outside public control as by next year the institutional framework for the creation of a port regulation authority will be created to undertake in any case a monitoring role on behalf of the state,? said Mousouroulis.

TAIPED has got in its portfolio the majority stakes in Piraeus and Thessaloniki port authorities as well as voting rights in the other 10 port authorities in the country, the minister added.

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