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GreekReporter.comGreeceGovernment Announces Auction For the Sale of Four Nationwide TV Licenses

Government Announces Auction For the Sale of Four Nationwide TV Licenses

The government announced an auction for the sale of four nationwide, digital TV licenses on Friday, with a starting bid of three million euros each, according to the published document.
Commenting on the tender, State Minister Nikos Pappas described it as “an important moment” because “Greece will no longer hold the embarrassing ‘exclusivity’ of being the only European country that never held a tender for its private television stations.”
“The tender ensures transparency, a level playing field for the participants and the economic viability of the companies that will be licensed,” the minister said. “It also ensures jobs, the high quality of the program, it maximizes the price for the Greek State, and ensures transparency over the ownership structure of the television stations and the providence of the capital that will be invested,” he added.
Pappas noted that the publication of the tender followed after an extensive debate both in the stage of its preparation and its drafting and now the tender is opening, “despite some people’s predictions and desire for the opposite”.
(Source: ANA MPA)

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