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> Economy

Stathakis to FT: SYRIZA will crack down on the oligarchs of Greek media and real estate

Mr Stathakis told the Financial Times that if main opposition SYRIZA wins the elections, it will scrutinise three sectors of the economy where oligarchs dominate

Newsroom January 7 12:57

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SYRIZA emerged as a protagonist in the Greek political scene when it declared war against the country’s lenders three years ago.

Now, just a breath away from becoming a government, the main opposition party takes on another mission against a new enemy, the oligarchs who have a disproportionately large influence on the Greek economy, claims an article published by the Financial Times, citing the statements of SYRIZA’s shadow Minister of Development, Giorgos Stathakis.

In an interview to the British newspaper, Mr. Stathakis, who is also SYRIZA’s senior economic spokesperson, said that the oligarchs are high on the party’s agenda and they will be a priority for action if SYRIZA gets elected on the upcoming national elections on January 25.

Any move against the small group of powerful businessmen that have a strong grip on the country’s economy is likely to be contentious but could be welcomed by Greek citizens and the troika of the country’s lenders, says the newspaper.

Mr Stathakis told the Financial Times that if main opposition SYRIZA wins the elections, it will scrutinise three sectors of the economy where oligarchs dominate:

-the local media
-the state procurements and
– real estate.

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More specifically, Mr. Stathakis said that a Syriza government would put an end to the practice of previous governments handing out television licences to their political allies for free.

Moreover, SYRIZA would also freeze Greece’s privatization program in order to investigate controversial sales, focusing mainly on two recent deals:

– The sale of a concession to develop the former Athens international airport and
– The operating concession for 14 regional Greek airports

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