The head of Greece’s privatization fund, Takis Athanasopoulos, and the Finance Ministry’s General Secretary Giorgos Mergos resigned on March 9 after former managers of the Public Power Corporation (PPC) were charged with breach of duty for commissioning in 2007 the Aliveri power plant, which lost the company about 100 million euros, some $130 million.
Mergos and Athanasopoulos served on PPC’s board at the time. Both men said they were resigning for ethical reasons, pending the court case. Finance Minister Yannis Stournaras accepted their decision to leave.
Christina Papaconstantinou, until now the General Secretary of Fiscal Policy at the Finance Ministry, will take over Mergos’s position.
A new candidate to take over as head of the Hellenic Republic Asset Development Fund’s (HRADF), known as TAIPED in Greek, is to be proposed for approval by Parliament’s institutions and transparency committee in the next few days. As Prime Minister Antonis Samaras is trying to keep his uneasy coalition government on track to implement reforms a constant scream of scandals involving political officials has hit the headlines.
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
