Tsipras slams plan for sale of Hellenic Sugar Industry for 40 mln
Radical Left Coalition (SYRIZA) leader Alexis Tsipras on Wednesday warned the government not to go ahead with plans to "sell off public wealth for a song and especially the sale of those productive units that could be a lever for the productive reconstitution of the country."
Tsipras stressed that this would be tantamount to "the second biggest crime after the signature of the Memorandum [for bailout loans to Greece]" in statements after meeting with a delegation of workers from the Hellenic Sugar Industry (EBZ).
SYRIZA's leader strongly criticized a plan to sell off EBZ for what he called a 'paltry' 40 million euro, noting that the two factories owned by EBZ's subsidiary in Serbia were alone currently estimated at more than 150 million euro. He also pointed out that EBZ was the largest agricultural-based industry in northern Greece and was currently making a profit that could be made even larger with the right plan and strategy.
- Already a subscriber?
Sign in to read full article.
- Not a subscriber?
Subscribe now and get full access!