Europe
01.05.2013
Athens (dpa) - The Greek government on Wednesday completed its first major privatisation project by selling a stake in the gambling monopoly OPAP to a Greek-Czech investment fund.
"The first big privatisation in our country was successfully completed," Greek Finance Minister Yannis Stournaras said in a statement.
The Emma Delta fund was the sole bidder for the purchase of a 33-per-cent stake in state-owned OPAP and gave in to government demands to raise its offer, from the original 622 million euros (820 million dollars) to 652 million euros, according to local media.
Greece is in the process of launching tenders or selling a string of state companies, including its two largest ports, in an effort to decrease the size of its public debt and meet the terms of an international bailout. dpa cp npr Author: Christine Pirovolakis
"The first big privatisation in our country was successfully completed," Greek Finance Minister Yannis Stournaras said in a statement.
The Emma Delta fund was the sole bidder for the purchase of a 33-per-cent stake in state-owned OPAP and gave in to government demands to raise its offer, from the original 622 million euros (820 million dollars) to 652 million euros, according to local media.
Greece is in the process of launching tenders or selling a string of state companies, including its two largest ports, in an effort to decrease the size of its public debt and meet the terms of an international bailout. dpa cp npr Author: Christine Pirovolakis
No comments:
Post a Comment