Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Greece starts assets sales with horse racing gambling license
https://ca.news.yahoo.com/greece-starts-assets-sales-horse-racing-gambling-license-122816250--finance.htmlATHENS (Reuters) - Greece's privatization agency (HRADF) has invited OPAP to sign a deal next week to acquire the country's sole license for horse racing betting, the first state asset sale to be completed by the new leftist-led coalition government.
The agency announced in March it would proceed with the sale of the exclusive betting rights to OPAP, the country's dominant gambling firm, which won the license last year after offering 40 million euros ($43.26 million).
~ snip ~
Privatizations have been a key demand of the country's international lenders. The election of Tsipras' government in January on promises to end austerity and block "fire-sales" cast doubt on the future of Greece's privatizations plan.
Greece has a series of ongoing tenders for the divestment of state assets, including the sale of a 67 percent stake in its biggest port Piraeus and the lease of a bundle of 14 regional airports to a joint venture led by German airport operator Fraport .
~ snip ~
The agency announced in March it would proceed with the sale of the exclusive betting rights to OPAP, the country's dominant gambling firm, which won the license last year after offering 40 million euros ($43.26 million).
~ snip ~
Privatizations have been a key demand of the country's international lenders. The election of Tsipras' government in January on promises to end austerity and block "fire-sales" cast doubt on the future of Greece's privatizations plan.
Greece has a series of ongoing tenders for the divestment of state assets, including the sale of a 67 percent stake in its biggest port Piraeus and the lease of a bundle of 14 regional airports to a joint venture led by German airport operator Fraport .
~ snip ~
