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Image header Agence Europe
Europe Daily Bulletin No. 7946
Contents Publication in full By article 34 / 43
ECONOMIC INTERPENETRATION / (eu) privatisation

- Turkey: In a study dedicated to Turkey, the Organisation for Economic Cooperation and Development (OECD) indicated that all the privatisation programmes should bring in, for 2000 as a whole, USD 7.6 billion. As a comparison, over the previous decade as a whole, the receipts from privatisation only totalled USD 6 billion. The privatisation programmes stopped on 2000 include three major areas of priority action for the Turkish government: telecommunications, energy and the portfolio of companies that can be privatised held by the administration responsible for privatisation. While the long-term aim of this programme is to earn USD 3.1 billion in receipts, a first assessment, last October, was positive: forecasted receipts for privatisation at the approval stage totalled USD 3.1 billion, while the actual receipts total USD 2.5 billion. Moreover, the privatisation of certain large companies has been postponed until 2001: TURKISH AIRLINES, a major steel complex, a petrochemical company and new slices of TURPAS (oil refinery) and POAS (oil distribution). A certain number of companies continue, at the same time to be privatised.

Contents

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