Cabinet Discusses Privatisations
A wide-range programme of privatisations
of state enterprises - covering rail and road transport, airports and ports, utilities, gaming and public real estate holdings - was discussed yesterday at a cabinet meeting, chaired by Prime Minister George Papandreou.
"The government’s decision is to step up privatisation procedures…in order to extract value from major state assets," Finance minister George Papaconstantinou said at a press conference.
Under the scheme discussed, the government plans to sell off a 49% stake of TRAINOSE, a subsidiary of the Hellenic