greeceto speed up privatisation plan
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

Greece:To speed up privatisation plan

Arab Today, arab today

Arab Today, arab today Greece:To speed up privatisation plan

Athens - AFP

The Greek government said Tuesday it planned to speed up implementation of its privatisation plan, with the transfer of a first batch of state assets to a privatisation fund.Finance Minister Evangelos Venizelos said the transfer would begin as early as Wednesday, with the fund tasked with immediately negotiating sales of state assets in the energy firms Depa and Helpe.The first wave of privatisation will also include the extensions of the concession to operate Athens airport, the license for sports gambling firm OPAP, and the granting of new mobile telephone operating licenses, said the minister. \"These assets will be transferred tomorrow to the state property fund and the same thing will be done so the pace of the maturity of all the programmes is rapid,\" said Venizelos. The minister spoke after a cabinet meeting held as Greece\'s eurozone partners and international creditors are heaping pressure on Athens to redouble efforts to stabilise its finances after it admitted last week it would not meet its deficit cutting target. Greece\'s Socialist government has pledged to privatise and lease the equivalent of 50 billion euros ($70 billion) in state companies and property by 2015 as part of efforts to reduce its debt now worth over a year and a half of the country\'s output. Venizelos said Greece would meet its privatisation targets, which include raising five billion euros this year. The privatisation programme is to be monitored by the European Union and International Monetary Fund, which bailed out Greece with a 110-billion-euro ($154-billion) last year. The programme was supposed to have began months ago, but so far it has only sold a stake in telcommunications operator OTE to Deutsche Telekom. The ambitious plan includes Greece selling off stakes in ports, postal services, power companies and banks.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

greeceto speed up privatisation plan greeceto speed up privatisation plan

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

greeceto speed up privatisation plan greeceto speed up privatisation plan

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday