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Image header Agence Europe
Europe Daily Bulletin No. 7852
Contents Publication in full By article 28 / 37
ECONOMIC INTERPENETRATION / (eu) privatization

- Italy: according to the Italian daily Corriera della sera, the Italian government is considering selling a 20% stake in the electricity group ENEL between now and February 2001. This operation would enable the Treasury to reduce its current 68.26% stake, following an initial privatization and the company's floating on the stock market in the autumn of 1999, to below 50%. See EI of 12 July 2000 and 3 November 1999. - Russia: privatization operations provided the federal budget with over 30 bn rubles over the January-October period, or 45% more than the expected revenue for the whole of the year, says the Deputy Minister for State Property, Iouri Medvedev. Revenue from privatization mainly came from the sale of shares in LOUKOIL and ONAKO (oil), BOLCHEVIK (agri-food) and the coal companies of Krasnoiarsk and Mejdouretchensk (western Serbia).

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT