Friday, April 24, 2015

Greece carries out first privatization under radical left government

Greece's radical left government Friday carried out its first privatization since coming into power three months ago, by selling a 20-year horseracing gambling license to a subsidiary of Czech-Greek company Opap for 40.5 million euros.

Alexis Tsipras's government had been largely opposed to the planned sale of state assets by the previous government, and had vowed to halt such privatizations. 


But it came under intense pressure from cash-strapped Greece's international creditors to move forward with the sale.
AFP
 dailystar.com.lb
24/4/15
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