The process for the sale of a 33 percent state-held stake in the OPAP gaming company, one of the country’s most profitable state corporations, will formally start this week, with an invitation for expressions of interest in the controlling stake, the chief executive of the Hellenic Republic Asset Development Fund (TAIPED), Yiannis Emiris, said on Wednesday.
This is a bigger stake that the originally planned 29 percent share.
Interested parties will have to submit offers by November, he added, stressing that it is unlikely the key privatization in the country’s sell-off program will have been completed by year-end.
He said the involvement of investment funds is highly likely given that they alone hold adequate cash at the moment.
The European Commission has decided to tear up new rules on how restaurants should serve olive oil less than a week after unveiling them, following widespread ridicule and accusations of unw...
Ireland is an example of how Greece can overcome the ongoing debt crisis, Greek Prime Minister Antonis Samaras said Thursday after a meeting with his Irish counterpart Enda Kenny in Athens.
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PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
Far-right Golden Dawn has been catapulted onto center stage of Greek politics. That’s almost an achievement for the post-1974 political system that emerged from the collapse of a pathetic mi...
A growing number of European Union leaders and officials are now suggesting that next year will most probably see a significant write-down on Greek debt.
The country’s partners are clearly a...
