login
login
Image header Agence Europe
Europe Daily Bulletin No. 7858
Contents Publication in full By article 26 / 35
ECONOMIC INTERPENETRATION / (eu) privatisation

- Ireland: The Irish Government plans to sell the stake it holds in ICC and TSB, two public banks, an operation that should bring in EUR 705 million. 85.1% of ICC will be sold to BOS - BANK OF SCOTLAND (see yesterday's EI) and TSB to IRISH LIFE & PERMANENT. - Slovakia: The Slovakian Government is to sell 67% of the 100% stake it holds in the public savings bank SLOVENSKA SPORITELNA (assets EUR 4.3 billion). - Turkey: Turkish Prime Minister Bulent Ecevit has announced privatisation will be speeded up. The privatisation programme therefore foresees the sale of 51% of the shares of the airline company THY - TURKISH AIRLINES, for which the tendering conditions will be announced by 14 December, then 33.5% of the shares held in TURK TELECOM. In addition, a draft law will be put to parliament to speed up privatisation in the electricity sector. - Brazil: Brazil's privatisation programme has allowed $100 billion to be recovered over ten years, said the president of the National Bank for Economic and Social Development (BNDES), Francisco Gros.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION