Former finance minister and prominent economist Yanis Varoufakis denounces the privatization of Thessaloniki port.

Former finance minister and prominent economist Yanis Varoufakis denounces the privatization of Thessaloniki port. As for the Deputy Minister of Economy and Development, Mr. Stergios Pitsiorlas, Varoufakis writes, “it is interesting that in his festive article for the sale of ThPA, [he] did not say anything about [what makes] the sale beneficial: What is the minimum amount of investment that the buyer undertakes to make within 24 months? What kind of industrial relations is [it] bound to offer employees? What synergies have been secured with privatized OSE and Cosco to which Piraeus was sold? The silence of the Deputy Minister on them has [a] reason: The buyer has not made any of the commitments that would make the privatization of ThPA SA [beneficial for Thessaloniki or] Greece in general.”