NEWS

Skourletis says state will not sell power grid operator ADMIE

Skourletis says state will not sell power grid operator ADMIE

Greece will not sell power grid operator ADMIE, a long-standing demand of the country’s creditors, Environment and Energy Minister Panos Skourletis said on Tuesday during a three-day debate on the government's policy statements.

“Through hard negotiations and after a lot of preparation we repelled the immediate privatization of ADMIE. As we search for a solution, we will preserve the public character of energy and ADMIE will not be privatized,” Skourletis told lawmakers.

Commenting on the issue of mining company Hellas Gold and the deadlock caused by the recall of some of its licenses in the area of Skouries, northern Greece, the minister said the case was presented wrongly by “systemic media” that want to conceal the truth.

“A lot of things were heard about Skouries, most of which have nothing to do with reality,” he said and accused the main opposition for supporting the investment. “Our aim is to protect public interest and the environment. You’re making a big mistake by accusing usabout the way we handled it.”

Concerning the country’s biggest refiner, Hellenic Petroleum (ELPE), he said its new administration has “shown good signs” in its work and expressed his belief that it will return to profitability in 2015 and will be able to cooperate with international companies.