ECONOMY

Greek gov’t to auction 10-year TV licenses

Greek gov’t to auction 10-year TV licenses

Greece plans to launch intentional auctions for 10-year television licenses, government officials said on Monday, as part of reforms agreed with the country’s international lenders under its third bailout.

“Our aim is to table the bill tonight,” the officials said.

Government spokeswoman Olga Gerovasili told the Athens-Macedonian News Agency that the left-wing government will submit draft legislation to Parliament to “set order” on broadcasting licensing, which was a government pledge.

“The government is ready to implement this pledge to restore a transparent landscape on a public asset such as [TV] frequencies,” Gerovasili said.

[Reuters]

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