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Greece will probably not be able to collect the 9.3 billion euros from privatizations next year as planned in the 2012 draft budget, the head of the Privatization Fund (TAIPED) told Skai TV on Sunday.
Yiannis Koukiadis said that ”if the market continues to remain in its current state, it will not be possible to collect the 9.3 billion euros from privatizations that the budget forecasts.”
Asked about the draft budget, which will be debated from today in Parliament, Koukiadis wondered “if there are no significant offers, how can anyone proceed to exploit state assets without being accused of performing a clearance sale?”
He then predicted that the cash inflow from privatizations in 2011 will come to just 1.7 billion euros, against a plan for 5 billion euros of revenues.
Koukiadis admitted that negotiations with Hochtief about the extension of the contract for the operation of the Athens International Airport have hit a snag, as the German company wants to sell its Hochtief Airport subsidiary and is not interested in lenghtening its deal for the Athens airport.
However, Kathimerini understands that the Greek government now intends to buy out the rest of the contract and negotiate with another firm.
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