PARIS (MNI) – The Greek parliament Wednesday approved a plan by the
government to sell its majority stake in a number of public utilities,
including water and electricity companies, to private investors.
The plan, part of a strategy imposed on Greece by its official
sector creditors to reduce the public deficit, garnered 148 votes – one
more than the 147 required for approval. Normally, 151 votes would have
been needed because the parliament has 300 seats. But only 293 members
were present for the vote today, which reduced the number required for
passage.
The government plans to sell enough of its shares in the utilities
to cede majority ownership to private investors, but it will retain a
minority stake in them.
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