Govt Establishes Two More Privatisation Groups
The cabinet on Thursday set up two privatisation working groups, one for the country's largest bank, Nova Ljubljanska banka (NLB), and the other for the leading insurer, Zavarovalnica Triglav.
Each working group has to come up with at least one scenario. The NLB working group was tasked to draft a privatisation plan by 23 December, while the Triglav one should present its conclusions by 31 January 2006.
The NLB team will be headed by Peter Jesovnik, the head of the Department for European Affairs at the Chamber of Commerce (GZS), while Rajko Pirnat of the Ljubljana Faculty of Law is to head the Triglav working group.
Meanwhile, Economics Minister Andrej Vizjak announced the government is likely to set up a group of experts to study an arbitration motion that Croatia has filed against Slovenia over undelivered electricity from the jointly-owned Nuclear Power Plant Krsko (NEK).
"I will propose a team of some 12 experts to prepare positions, as well as give advice and proposals to the government," Vizjak told a press conference following the cabinet session.
Besides reiterating his stance that Croatian demands are completely baseless, Vizjak said that he was "annoyed that the Croats did not notify us about the filing of the motion through regular channels, but simply did something they announced six months ago".
He also finds it "illogical and formally disputable" that the Croats used their state-owned national grid operator to file a motion against a state, rather than against the NEK itself.
Croatia referred the case in which it seeks nearly EUR 32m for over a year of undelivered power from NEK to the International Centre for Settlement of Investment Disputes (ICSID) in Washington on 11 November.
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