The hopes and reality of the privatization program begin to collide

The ministry believes while this is a pessimistic scenario, which does not have to come true, others believe that it is a very real threat. "As we want to avoid any delays, we will foster work on privatizing these companies," said Treasury Spokesman Janusz Kwiatkowski. He added that the ministry would soon familiarize itself with another analysis, which will make a final schedule to sell the largest state-owned companies. "There is no chance to sell PKO BP shares in 2004 as it is technically impossible," said the CEO of an investment bank. (Rzeczpospolita, pp. A1, B2) M.M.