14 May '11, 3pm

Greek PM declares privatisation a top priority - Straits Times

Greek PM declares privatisation a top priority - Straits Times

Greek Prime Minister Georges Papandreou has said privatisation is now a top government priority aimed at convincing investors that debt-wracked Greece can respect the EU-IMF bailout terms. -- PHOTO: AFP ROME - GREEK Prime Minister Georges Papandreou has said privatisation is now a top government priority aimed at convincing investors that debt-wracked Greece can respect the EU-IMF bailout terms. 'In the beginning privatisations were not a priority,' the premier told Italian daily Corriere della Sera in an interview published Saturday. 'Now privatisations occupy first place on our list (of priorities). We will be able to prove that we are capable of respecting our obligations concerning the debt through a series of development projects,' he said. 'There is a large consensus in both public opinion and in the opposition. That is why we will approve the privatisation plan very...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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