Stop privatisation. The first move by the government led by Alexis Tsipras seems destined to unleash an earthquake and could lead to a long tug of war with the Troika. The privatizations, in fact, were one of the fundamental pillars of the agreement reached by the previous government with Greece's creditors.
A pillar which, however, seems to have fallen apart rapidly after the elections: Energy Minister Panagiotis Lafazanis, in fact, has already announced that he will block the privatization plan of 30% of the Public Power Company (of which the State controls the quota majority) and the electricity distribution company Admie.
Just as the sale of 67% of the Port of Piraeus has been frozen at the moment, which saw the Chinese giant Cosco as the favorite, which had already purchased two terminals in the port of Piraeus, near Athens.
The first, immediate jolt was recorded by the seismographs of the Stock Exchange, where the securities of the Port of Piraeus and the PPC recorded double-digit declines, as did the securities of numerous banks. More generally, the Athens Stock Exchange recorded falls of more than 7% at the end of the morning. In addition to the halt to privatisation, the markets are alarmed by fears, which seem to be increasingly well founded, of a long tug of war between the Tsipras government and the European Union over the renegotiation of the Greek debt.
