OTE
Greece
Voluntary Exit for Eurobank’s Employees
Yesterday, Eurobank the third-biggest lender to Greece announced that it will shed about a tenth of its workforce through voluntary redundancy. This measure is taken in order to make it fit for privatization.
Eurobank is among the four Greek banks...
Crime
Ex-Minister Mantelis Tried Over Siemens Scandal
Greece's crackdown on corruption is continuing with the prosecution of former Transport Minister Tasos Mantelis, along with another four people on charges of being involved in the Siemens bribery scandal, according to the decision of the Council of Appeals...
Greece
Greece Wants To Question Siemens Execs
Three magistrates investigating the Siemens cash-for-contracts scandal have summoned 13 former executives of the German-based company to defend themselves on criminal charges, including the company's former chairman, two former members of the central board and high-ranking executives from the...
Economy
OTE Sells Satellite Unit
Greece΄s biggest telecoms operator OTE said on Thursday it agreed to sell its satellite unit Hellas SAT to Saudi Arabia-based Arabsat for 208 million euros as part of measures to cut its debt.
OTE, managed and partly-owned by Germany΄s Deutsche...
Economy
Samaras’ Coalition Seeks to Undo the Deals He Made
ATHENS – With Greece’s new coalition facing a technical vote of confidence this week from the Parliament it controls, the three quasi-partners: the ruling party of New Democracy's Antonis Samaras, who won the elections, the PASOK Socialists who finished...
Economy
Samaras Sets the Tone with Troika Coming to Town
ATHENS – Moments after his Cabinet, stocked heavily with members from his own New Democracy party, was sworn in, Greece’s new Prime Minister Antonis Samaras put them to work on dealing with the country’s crushing economic crisis, in preparation...
Economy
Greek Private Sector Salaries Now Being Cut Too
ATHENS – Less than two months after Greece’s hybrid government agreed to cut pensions and the minimum wage to satisfy international lenders and avert cuts in private sector salaries, companies are – as analysts predicted – cutting their workers’...
Greece
Greek OTE Participates in Technology Research Projects
According to the 'TELECOMPAPER', OTE is participating in two research projects, PANDA and WiSE-PON, which are focused on technologies and architectures of next-generation access networks.
Both projects are funded by the Greek General Secretariat of Research and Technology (GSRT). PANDA...
Greece
OTE Supports Vodafone-Wind Hellas Merger
According to Wireless Federation, the Hellenic Telecommunications Organization (OTE), the largest telecommunications provider in the Greek market, supports a possible merger plan between Vodafone GR and its main rival Wind Hellas, so as to avoid another bankrupt company.
According to...