Greece to stop privatisations as Syriza faces backlash on deal
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Greece to stop privatisations as Syriza faces backlash on deal
Greece to stop privatisations as Syriza faces backlash on deal

The Syriza leadership risks falling between two stools as it tries chip away at the austerity regime without triggering Greece's ejection from the euro

By Ambrose Evans-Pritchard, in Athens

7:52PM GMT 25 Feb 2015

Greece's Left-wing Syriza government has vowed to block plans to privatise strategic assets and called for sweeping changes to past deals, risking a fresh clash with the eurozone's creditor powers just days after a tense deal in Brussels.

"We will cancel the privatisation of the Piraeus Port," said George Stathakis, the economy minister. "It will remain permanently under state majority holding. There is no good reason to turn it into a private monopoly, as we made clear from the first day.

"The deal for the sale of the Greek airports will have to be drastically revised. It all goes to one company. There is no way it will get through the Greek parliament." (...)

http://www.telegraph.co.uk/finance/econo...-deal.html

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2015 Feb 25 22:42
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