Greece to sell only state lottery, building this yr
EUROKINISSI
A delay of a few months in Greece's privatisation drive means the near-bankrupt country will only be able to complete the sale of its state lottery firm and a building in Athens, its privatisation chief told Reuters on Wednesday.
A delay of a few months in Greece's privatisation drive means the near-bankrupt country will only be able to complete the sale of its state lottery firm and a building in Athens, its privatisation chief told Reuters on Wednesday.
That would mean the country falls well short of the more than 3 billion euros it had aimed to raise this year, with the privatisation of groups like natural gas company DEPA, gas grid operator DESFA, Hellenic Petroleum and betting firm OPAP being pushed into next year.
"There can be financial completion of only two projects this year -- the state lottery and the IPC," Costas Mitropoulos, CEO of the agency told Reuters, citing "administrative delays".
- Already a subscriber?
Sign in to read full article. - Not a subscriber?
Subscribe now and get full access!
Or... enter your email and start reading this article now:
No comments yet for this article