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The objective related to gas companies is to liberalize the energy market. The aim is not to turn a state monopoly into a private one. In other words, we do not aim to give the management, which was in the hands of the government until yesterday, to a private owner to take advantage of the monopoly position. There will be competition and a regulatory authority to observe whether the obligations under the contract are being met in a proper manner. This applies to privatisation in other sectors too.

In the end, the strongest hand of the Greek privatisation plan is property, right?

Property has the largest share in the programme for privatisation revenues of 50 billion euro. There are about 110 thousand properties of various types.

Does this figure include the buildings constructed for the Olympic Games in 2004?

Yes, it does and they have their share in the programme. The biggest problem is that there has been no state property register so far. One of our main activities to date was to describe it. So far, we have described a total of 82 thousand properties owned by 35 different public institutions and the process continues.

How was the state property managed if there were no single register and clearly defined property rights over it, as you said?

It was not managed. Many of these properties were left adrift and that is why there is misappropriation of state property in many cases. All these cases are being examined at present and we are trying to solve the problems in order to prepare them for rental, lease or concession. As you can see, the Fund plays a very important role of reformer, rather than just organising the collection of money from sales of property.