Parliament has approved an amendment which transfers five percent of the State’s share in telecom company OTE to the country’s privatization agency, a prior action required for the disbursement of the final sub-tranche of Greece’s loan.
The amendment was included in a draft bill on the Greek Institution of Research and Innovation. The Greek state will retain a remaining one percent stake. OTE is 40 percent owned and managed by Deutsche Telekom.
Source: ANA-MPA
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
