Czech ministers agree to CEZ stake float - paper

14.03.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, March 14 (Reuters) - Economic ministers in the Czech government agreed to float a 7 percent stake in state-owned power utility CEZ on...

...the bourse to help fill a budget gap, a business newspaper reported on Wednesday.

The daily Hospodarske Noviny quoted Finance Minister Miroslav Kalousek as saying the ministers preferred the sale of part of the state's 68 percent CEZ stake over boosting the budget deficit to raise funds for road construction.

The transaction has yet to receive cabinet approval.

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Články ze sekce: Zpravodajství ČTK