ECONOMY

‘Prospects are strong’…

Construction group Ellaktor is ‘well positioned’ for around 7.4 billion euros’ worth of infrastructure and transport contracts to be partially funded by the European Union from 2008 to 2013, it said yesterday. ‘Prospects are strong’ for infrastructure concessions in Greece as the government is expected to increase public-private partnerships, the company said, adding it has a 2.8-billion-euro order backlog. Ellaktor shares rose 3.86 percent to 2.96 euros, outperforming a 1.53 percent advance on the broader market.