TOP Analysis, Prognoses and News about Greek - Albanian Relations and the Region.
Monday, March 4, 2013
Albania; Privatization of four HPPs
The sale of four public hydropower plants to the Kurum Company spurred
harsh debates between the opposition and the majority in Parliament.
“Today in this Parliament we are experiencing a funeral of the public property”, declared the Socialist MP, Arben Ahmetaj.
“This is the last week when Albanian assets will be sold so cheap”, declared the Socialist MP, Erjon Brace.
opposition says that the entire privatization procedure is a corruption
affair that starts with the obligatory strategic criteria for the
Erjon Brace: Money has turned our Prime Minister from the
head of an institutional country to a banal seller. He changed the
strategic conditions mid game to open the way to the chosen buyer.
Minister of Economy, Edmond Haxhinasto: This is absurd. We removed
this, we changed some terms, and the interest was much higher than
Erjon Braçe: Isn’t this corruption and illegal favouring
of the winner? The four hydropower plants that produce 400 million KWh
were sold to Kurum for 109 million EUR.
Sali Berisha: The average international privatization is 1.1MW and they are privatized with 1.4 MW.
Ruçi: The opposition wants you to answer. You sold it for 100 million,
and the profit by the end of the year is 20 million. All obligations
paid for four years.
Sali Berisha: You gave away all the hydropower plants that you sold, with a price of 200.000 per MW.
Arben Ahmetaj: You are causing a 30 million annual damage to the budget.
Erjon Brace declared that the hydropower plants should remain public.
Erjon Braçe: Berisha’s private fatherland is replacing the public fatherland of all Albanians.
Sali Berisha: Privatization is an unchanged philosophy of this political force.
Ruçi: Why did you fail with the first strategic privatization, such as
distribution? Why did you fail with the next privatization of ARMO? Why
did you fail with the third strategic privatization, Albpetrol? This is
your privatization success.
Sali Berisha: The market economy has
not a history of only successes. The constant successes that all are
then multiplied with zero happen only in socialism.
The opposition says that they will cancel the corruptive privatization of the four hydropower plants.