FAGE wins court bat­tle against Chobani

Kathimerini English - - Front Page - VAN­GE­LIS MANDRAVELIS

the fi­nal court bat­tle in Bri­tain against Turk­ish dairy firm Chobani over the use of the words ‘Greek yo­gurt,’ as the Court of Ap­peal of Eng­land and Wales yes­ter­day re­jected Chobani’s ap­peal against a de­ci­sion ban­ning the Turk­ish com­pany from us­ing those words on its pack­ag­ing in the UK un­less it used raw ma­te­ri­als from Greece.

re­leased yes­ter­day, Fi­nance Min­is­ter Yan­nis Stournaras said this year will be the most pro­lific on the pri­va­ti­za­tions front, adding that the gov­ern­ment has never con­tem­plated trans­fer­ring the seat of state sell-off fund TAIPED abroad.

Stournaras es­ti­mated that “2014 will be the most ef­fi­cient year of the pro­gram un­der im­ple­men­ta­tion, with con­sid­er­able ben­e­fits for the Greek state and the coun­try’s econ­omy.”

Nev­er­the­less a se­ries of sell-off projects that should have been up and run­ning since last year are yet to start, while the tar­get for rev­enues of 2.8 bil­lion eu­ros from pri­va­ti­za­tions this year which the gov­ern­ment and its cred­i­tors have agreed be­tween them ap­pears very hard to at­tain given the ob­sta­cles and de­lays in the process, to say noth­ing of the of­fi­cial 3.56-bil­lion-euro rev­enues tar­get. TAIPED of­fi­cials say those tar­gets harm the fund’s im­age.

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