Top of the list is the massively loss making railway, but the toughest challenge will be selling off parts of electricity monopoly PPC because a detailed framework will have to be in place to liberalize the energy sector.
Just days after conservative Prime Minister Antonis Samaras announced coalition government policy, the political thermometer hit blistering highs in the debt laden Mediterranean country. Communist party KKE, the radical left main opposition Syriza as well as fascist hard right Golden Dawn issued ultimatums that they would sink any sell-offs by disruptive street protest and impose delays through constitutional courts challenges. All hope of political cooperation and necessary reasoned dialogue instead of demagoguery had vanished.
Furthermore, militant electricity workers union GENOP-DEH has issued warnings that it will pull the plug and plunge the country into darkness if anyone even dreams of selling off even one lignite coal mine, let alone break up the costly behemoth. The opaque union is not concerned that it would decimate the all-important tourist season. Surprisingly, even the conservative leaning union group, DAKE, has bolted from the party barn against liberalizations and any shrinking of the woefully inefficient state sector.
Greek democracy, industrial peace, concepts of equity and entrepreneurship are going to be torpedoed if these threats materialize.Page 2 of 4 | Prev Page | Next Page