Stergios

The main problems representatives of Greek industries cited at an event held on Friday in Athens on the initiative of Alternate Finance Minister Stergios Pitsiorlas (center) were overtaxation, excessively high social security contributions, high energy costs, the actions and omissions of institutions that frequently hamper investments, bureaucracy and monopolistic practices.

State sell-off fund TAIPED saw its management crisis escalate on Thursday night after one of the three remaining governing board members disagreed with decisions promoted by the other two.

The country's creditors have already been made aware of the problem, which began when TAIPED head Stergios Pitsiorlas's was made deputy economy minister.

By Ilias Bellos

After almost five years at the helm of Piraeus Port Authority (OLP) and having survived five government changes and three different managements at state sell-off fund TAIPED, chairman and chief executive Giorgos Anomeritis is said to have been forced to resign from the corporation that is set to be sold off.

By Vangelis Mandravelis

Corporate executive Stergios Pitsiorlas is expected to be appointed the new head of state sell-off fund TAIPED next week as the first changes to the fund?s board are about to be implemented.