ECONOMY

Energy minister insists Greece will roll back privatizations

Energy Minister Panayiotis Lafazanis on Wednesday insisted that Greece will roll back privatizations despite pledges made to the country’s foreign lenders earlier this week.

“No privatization will go forward,” Lafazanis said in an interview with Ta Nea daily referring to the privatization package that the previous government set up for the country’s energy sector and which includes the Public Power Corporation (PPC), Hellenic Petroleum (ELPE) and the Public Gas Corporation (DEPA).

“I am only repeating what I have already said,” Lafazanis, who is leader of SYRIZA’s so-called “left platform,” told the newspaper.

His and others’ objections were expected to be discussed as SYRIZA’s political secretariat convened Wednesday.