Cascos gives assurances that government has no plans to sell off post office (Spain)
The Spanish development minister, Francisco Alvarez Cascos, stated yesterday
that the government has no plans to sell off Correos, the Spanish post
office, though he warned that the job security of its almost 64,000
employees depends on its future profitability.
The minister made the statements during the presentation of the government’s
new strategic plan for the post office, which envisages of Pta160bn.
Abstracted from El Pais in Spanish. Copyright 2001 Financial Times
Information, Dow Jones, Dialog.
Source: World Reporter (Trade Mark)
EL PAIS, 14th March 2001
