State firms burdening Greece with three billion euros

The government is seeking to dig Greece out of a debt hole to the tune of three billion euros created by five of Greece's state-run corporations (DEKO).

Speaking in Parliament on Wednesday, Finance Minister Christos Staikouras referred to "difficult cases" that we "are not hiding under the rug." 
"We are daring to confront the big problems [the companies] have with realism and responsibility toward workers and society."

More specifically, the debts have been accumulated by Larco, one of Europe's biggest nickel producers, the Skaramanga Shipyards, Hellenic Aerospace Industry (EAV), the Hellenic Vehicle Industry (ELVO) and Hellenic Post (ELTA).
EAV has had negative equity for the past three years and is moving beyond budgetary targets, but no correction measures have been taken.

Larco, which sells nickel at below cost and survives by failing to pay...