Greece
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Athanasopoulos

OPAP Stake Sale Drives Up Value

The value of Greece's gambling agency, OPAP, has shot up fast in the wake of accelerated privatization plans that foresee the sale of the government's plan to sell a 33 percent stake. That came as Greece's international lenders are...

Qatar Gives Up on Hellenikon Bid

Just as Greek Prime Minister Antonis Samaras is readying a trip to Qatar as part of a wider plan to attract foreign investors, Qatar has pulled out of the bidding for the development of the site of Athens’s former...

The Selling of Greece Set to Begin – Islands First

After much prodding from international lenders to push the pace of privatization to raise critical cash, Greece’s Hellenic Republic Asset Development Fund (HRADF) has produced a list of 40 uninhabited islands and islets that could be leased for as...

Greek Power Plant Threatens Blackouts to Fight Privatization

The Communist-inspired President of Greece’s most powerful labor union is threatening to have workers at the country’s biggest power plant turn off the electricity around the country in the height of the tourist season to protest government plans to...