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Friday, July 20, 2012

Head of Greek privatisation fund resigns: source

The chief executive of Greece's privatisation fund has resigned, his office said on Friday, citing a lack of government support, planning delays and forecasting paltry asset sales this year.

"Without the government's unreserved support it is clearly impossible to rapidly carry out the privatisation programme," the outgoing executive, Costas Mitropoulos, said in a resignation letter to the finance ministry.


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