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Stathakis upsets DESFA sale plans

11/01/2017 11:12
The government is taking the privatization of gas network operator DESFA back to square one, reversing what has been agreed with Greece’s creditors on the fast-track process and the immediate restart of the existing tender.

Energy Minister Giorgos Stathakis on Tuesday informed the creditors of a new plan providing for the state to retain a 51 percent controlling stake in DESFA, along similar lines to the recent sell-off of 24 percent of power grid operator ADMIE.