Greece’s new government to reassess rail privatisation plans

Train OSE_72524394Prime Minister Alexis Tsipras’s Syriza party has promised to reverse many of the reforms implemented by the previous conservative government, including a host of privatisations, railway being among them.
The previous government, under Prime Minister Antonis Samaras, legislated last year for a privatization plan agreed under the EU-IMF bailout.
Energy and Environment minister Mr Panagiotis Lafazanis told Greek local media that the government intends to reassess the planned sale of national train operating company Trainose and Hellenic Company for Rolling Stock Maintenance (Rosco).
Greece’s new government announced that it will halt also the privatisation of the country’s biggest port Piraeus, which China’s COSCO group has bid for, and Thessaloniki, an official in charge of the process said.
„We will halt the privatisation of the port of Piraeus and that of Thessaloniki too,” the new deputy minister for merchant marine, Theodoros Dritsas, told AFP.
Greece has EUR 240 billion (USD 293 billion) in bailout loans from the European Commission, European Central Bank and the International Monetary Fund (IMF).

Photo: www.trainose.gr


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