PM announces privatization plans

PM Ferenc Gyurcsány announced the government's privatization plans in parliament yesterday. The plan includes the sale of the government's 12% stake in fuel monopoly MOL Rt and the further privatization of the Land Credit and Mortgage Bank Rt (FHB). Gyurcsány dispelled fears of the opposition party Fidesz by declaring that postal carrier Magyar Posta Rt, gambling monopoly Szerencsejáték Rt and power supplier MVM Rt will not be privatized in the near future. The PM also mentioned broadcaster Antenna Hungária Rt, saying that it will not be sold until its contract with the state television MTV Rt is secured. (Vg 13) A.K.