Greek privatisations will go ahead: outgoing economy minister.

A major sell-off of Greek public assets promised as part of its huge international bailout will go ahead as planned, the outgoing economy minister said Wednesday, despite looming snap elections.
"The agreed arrangements have been agreed and will be applied," Georges Stathakis told reporters in answer to a question on the planned privatisation of Piraeus port, the national railway company and a string of other ports and airports.

Prime Minister Alexis Tsipras resigned last week after his acceptance of an 86 billion euro ($96 billion) rescue package for Greece's stricken economy triggered a major rebellion within his radical left Syriza party.

Elections are now likely to be held on September 20, just eight months after Syriza stormed to power on a wave of popular anger over tough austerity measures demanded by Greece's creditors in exchange for two previous bailouts.


AFP.
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