Ambitious privatisation targets will test government's resolve

Economy Tags: Privatisations

Energy Minister Panos Skourletis insistence on Monday that the government aims to prevent power grid operator ADMIE being sold to private investors was a reminder of the pressing privatisation targets ahead for the coalition.

The government has committed for total privatisation proceeds of 6.4 billion euros by 2017. This figure, which excludes bank shares, is split into 1.4 billion for 2015, 3.7 billion for 2016 and 1.3 billion for 2017.

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