Government limited privatization plan only a stop gap measure to save the budget?                       

Report by Slawek Szefs 

PM Donald Tusk announced his cabinet is intent on carrying out what he described as a 'partial privatization' of major companies with State Treasury capital participation. This is to be achieved during a two year period. The Treasury is to sell a limited number of its shares in certain strategic industries, mostly in the heavy, fuel and energy sectors but maintaining portfolios that would guarantee State control over the companies in question. Trade unions have opposed the concept, while economists and market experts remain divided in opinons. 

The govenment's target is to attain 37 billion zloty, roughly 8 and a half billion euro, from its limited privatization plan till the end of 2010.  

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