OTE holds meeting despite blocked doors
OTE telecom CEO Panagis Vourloumis (right) looks on as workers block access to the company’s headquarters, forcing it to hold its annual shareholders meeting outside. The workers were protesting Deutsche Telekom increasing its stake in OTE, Greece’s biggest phone company. Bar one, all items on the agenda, including a dividend payment of 75 cents a share, were approved. Another meeting will be called to approve plans to amend a stock option program. The meeting was held outside the blocked entrance gates to the office complex in Kifissia, northern Athens. Dozens of members of the trade union federation OME-OTE had blockaded the entrance earlier in the day.
