Thursday February 20, 2020

New energy behind state asset sale

With the sale of ESB off the table, the government will now look at Bord Gáis Energy and other semi-states, writes Niamh Connolly, Political Correspondent.

26th February, 2012
Brendan Howlin, Minister for Public Expenditure and Reform, and Robert Watt, Secretary General at the Department of Public Expenditure, at a press conference outlining the sale of state assets. Photo: Photocall

Several weeks of government denials that it was about to stage a U-turn on ESB ended a few days ago, when its list of state asset sales were revealed. It was clear that the sale of a minority stake in the ESB would not proceed.

Sources indicated that the delay in confirming this decision, which was reported in this newspaper weeks ago, was because the government had not formally notified the troika of its reversal.


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