Sunday 18 August 2013

Greece privatisation boss Stelios Stavridis dismissed

The chairman of Greece’s privatisation company has actually been dismissed.


Finance Minister Yannis Stournaras asked for Stelios Stavridis to resign following a report that he had taken a trip on a plane belonging to a businessman who purchased betting company Opap from the state.


Mr Stavridis had actually only been in the task for 4 months however had actually faced criticism for the sluggish rate of privatizations. Last week Athens finalized the sale of a regulating stake in Opap.


A group of Eastern and greek European investors paid 650m euros ($866m; â�¤ 554m) for the state’s 33 % stake in the business.


Those investors consist of Greek shipowner Dimitris Melissanidis, whose personal jet Mr Stavridis is said to have flown on.



Greece privatisation boss Stelios Stavridis dismissed

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