Greece’s Privatization Chief Steps Down

Wednesday, May 22, 2013 Last Update: 5:58 AM ET

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Greece’s Privatization Chief Steps Down

ATHENS – New Greek Prime Minister Antonis Samaras’ plans to accelerate the long-delayed pace of privatizing state enterprises and selling or leasing state lands and properties took a hit with the resignation of Costas Mitropoulos, chief of the agency charged with doing the job. He was the second top official in Greece’s privatization to walk away after international lenders putting up bailouts to keep Greece solvent complained that a series of governments have fallen far behind the schedule to sell off

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July 20, 2012

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4 readers comments


1. Philip Vorgias wrote on July 21, 2012 10:53 AM	If he didn't do his job he needed to be shown the door. That's something new in Greek governments-ACCOUNTABILITY. Too bad they can't fire him and take away his salary. At the very worst her probably goes back into the Legislature at essentially the same salary and bennies. Greece needs to stop appointing ministers from the Legislature, they have no incentive to do the job. Bring in outsiders from the private economy, they have buy-in to do the job.

2. Nicholas Kostopoulos wrote on July 21, 2012 11:00 AM	Welcome to the state of the Greek Economy useless companies who are too bloated with patronage jobs, that are not needed. Greece can't shad its image of an economy that is just no good, full of everything a capitalist country doesn't need, corruption, patronage jobs, excessive regulations, and a hindrance to starting up new businesses. They don 't have the political will, economic sense, and responsible politicals and government to straighten out this disaster of a country.

3. Niko Seretis wrote on July 21, 2012 5:07 PM	Greece hasn't hit rock bottom yet but they will. They're getting closer and closer a lot faster now. When this happens, our good neighbors to the north and east will attempt to take advantage of the state of affairs and possibly start claiming land from Greece. Even though Greece respected Albania's borders when they crashed years back I don't think we'll be given the same consideration. Unless people begin to put Greece first and not their own agenda rock bottom is not too far off!

4. Nicholas Kostopoulos wrote on July 22, 2012 1:22 PM	The Greek government will collapse, and Greece will probably lose land, and possibly its identiy. At this late hour, the Greek citizens still don't get it, and are very greedy, hence Greece will go down and it wouldn't be pretty.
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