The bill, that would have seen the state telco Cyta, power generator EAC and the Ports Authority partly or fully privatised by 2018, would have raised some
The fourth tranches would have been
The bill, that had been expected to pass with a thin majority, faltered as five key MPs from the former coalition partner Diko abstained, probably under pressure from the militant trade unions that have staged protest strikes for the past weeks, causing havoc to electricity supplies, port movement and telecoms.
In the end, the bill was blocked by 25 votes in favour, 25 against and five abstentions.
The ruling Democratic Rally (Disy) MPs voted in favour, together with centre-right
Disagreements over the national issue were also the reason for Papadopoulos to push for Diko to abandon the coalition, but had pledged to support the privatisation bill as long as it was amended to include safeguards such as greater say by parliament and the trade unions in the decision making process.
However, the surprise came from the other five Diko members who abstained from the vote, previously considered as pro-administration supporters of the coalition: Marios Karoyian, ousted as party leader by Papadopoulos a month ago, as well as
The 25 MPs of the communist Akel, the socialist Edek, the Greens'
The bill ought to have been passed the latest by
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