Brazil's house speaker 'worried' about Eletrobras privatization

The president of the lower house says he is concerned that legislation to permit the privatization of state-run electricity firm Petrobras is not advancing. “Speaking at an event in Rio de Janeiro, Rodrigo Maia said Congress had faced political difficulties trying to set up a commission to deal with the company’s privatization, which could portend difficulties in whipping up the votes needed to pass the program. ‘I'm still optimistic, but worried, because I felt last week that the atmosphere to vote on privatization isn’t so simple,’ he said.”