Tuesday, February 15, 2011

50-bln-euro privatisation goal a government's decision, spokesman confirms

Despite sharp criticism of the "attitude" of European Union and International Monetary Fund officials during a press conference at the end of last week, government spokesman Giorgos Petalotis on Monday confirmed that the target for privatisation proceeds had been raised from an original 7 billion euro by 2013 to 50 billion euro by 2015. He stressed, however, that this was decision had been made by the government itself, not by the so-called EC-ECB-IMF 'troika'.

   

    "The target set was indicative, there is no specific decision as to how this property will be exploited. The bar is raised high but we are the ones that raised it. It is high because the expectations that we have for the country's course are also high," Petalotis told reporters during the regular press briefing.

   

    He rejected suggestions that the decision lacked legitimacy, noting that this was one of many targets set. 



source: ANA - MPA