The deputy chairman of the National Property Fund P. Kuta said on Friday that the state should consider the sale of its 16% stake in CEZ through the market due to a sharp stock-price increase in the last 12 months. Recall that the Finance Ministry said two weeks ago that the decision on the sale will be made this year. The FinMin is seeking to sell the minority stake to narrow a budget deficit; the Industry Ministry on the other hand prefers the state to keep the entire 67.6% stake. Source: Bloomberg.
Jitka Oppitzová, Patria Finance