NEWS

Privatizations: Caution, transparency

What is the government’s strategy for the next two years with regard to privatizations and share flotations? The next generation of privatizations, just as with all our economic policy initiatives, such as the taxation reform, the new investment law and PPPs, are part of the government’s broader program toward economic growth, employment and social cohesion. Their main characteristic is that they have been linked with structural changes in order to maximize their effect on economic growth. Privatizations are being made with extreme caution, at the appropriate time and with complete transparency, so that not only the state but the Greek taxpayer may benefit. In the near future, as we have recently announced, we will be floating shares of the Postal Savings Bank, listing Athens International Airport on the Athens Stock Exchange and floating more shares in OPAP (the state betting agency).