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Thursday, January 11, 2007

The New Anatolian - Financial Times: Turkish govt postpones electricity privatizations for price hike fear

"Financial Times: Turkish govt postpones electricity privatizations for price hike fear

EkoTürk News Agency / Ankara
11 January 2007

'Turkish government yesterday postponed privatization of electricity distribution network amid fears that it would lead to higher prices for consumers in a general election year,' Financial Times newspaper stated on Wednesday.
'The announcement confirmed speculation ignited last week by Prime Minister Recep Tayyip Erdoğan. During a trip abroad he unsettled some of his cabinet colleagues and the financial markets by suggesting that the sell-off might be too politically sensitive as Turkey nears polls, scheduled for November,' the newspaper said. "

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