Jan 31, 2015
Greece's new leftwing government has asked the heads of the state privatization agency to resign after halting state asset sales agreed under the international bailout program, the agency's chief executive Paschalis Bouchoris said on Friday.
He said both he and Emmanuel Kondylis, chairman of the Hellenic Republic Asset Development Fund (HRADF), had been told to leave by Deputy Finance Minister Nadia Valavani, the minister responsible for overseeing state revenues.
"We were asked to resign immediately," Bouchoris told Reuters. "She explained to us that the privatization program will be ended and so there was no reason for the agency to continue in its current form," he said.