Greek privatisation agency sets deadlines on port, railway bids
THE Greek privatisation agency opened bids on tenders for the country's two largest ports and state railways TRAINOSE, assets Athens has agreed to sell as part of a new bailout deal with lenders.
Privatisation proceeds, excluding bank shares, are expected to total EUR6.4 billion (US$7.1 billion) between 2015 and 2017, under terms of the bailout, Reuters reports.
The privatisation agency set an October deadline for binding bids for Piraeus Port, a December deadline for bids for TRAINOSE and a February 2016 deadline for Thessaloniki Port.