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Athens News Agency: News in English, 06-11-09
CONTENTS
[01] Gov't eyes consultants for state-run OTE's privatisation
[01] Gov't eyes consultants for state-run OTE's privatisation
The government's inter-ministerial privatisation commission on Thursday
announced a decision to hire three consultants in the privatisation of
state-run Hellenic Telecommunications Organisation (OTE).
Speaking to reporters after the meeting with Labour Minister Savvas
Tsitouridis, Development Minister Dimitris Sioufas and Transport and
Communications Minister Mihalis Liapis, Economy and Finance Minister
George Alogoskoufis said the privatisations special secretary would
begin talks to select the three consultants over the next two weeks.
The FinMin said two consultants would be foreign firms and one from the
domestic market.
The inter-ministerial commission for public enterprises and
organisations, in a meeting before the privatisations commission
including the same ministers, agreed to implement a new company charter
for listed OTE after talks between employees' unions and management
failed to reach a compromise. The new charter aims to make OTE more
efficient within the framework of increasing competition in the
telecommunications market. Alogoskoufis said the new charter would not
affect employees hired by OTE up until May 25, 2005.
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