Greek gov't insists it will handle privatizationsSeptember 1, 2013 @ 2:37 pm
ATHENS, Greece (AP) - Greece's prime minister and finance minister have both insisted any sale of state assets will be handled by the agency set up for this purpose and not by any firm based abroad and run by foreign management.
Premier Antonis Samaras and Finance Minister Yannis Stournaras were responding to rumors that Greece's creditors, unimpressed by the pace of privatizations, are pushing for a foreign-based special purpose vehicle to handle the selloffs.
Stournaras told newspaper Ethnos that he "categorically denied" that Greece's Asset Development Fund would be moved abroad.
The fund's two last chairmen have resigned in the past six months, one to face unrelated legal issues and the other for improper contact with the buyer of the former state betting firm OPAP.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
A fundraiser is born to move Councilmember Kshama Sawant to a Socialist country
Jason Rantz pokes holes in driver's discrimination claim against Uber
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.