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Home International Customs Greece

Greece to sign agreement worth of €40m with OPAP firm on 24th April

byCustoms Today Report
18/04/2015
in Greece, International Customs, World Business
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ATHENS: Greece’s privatization agency stated that it has invited OPAP to sign a deal in next days to acquire license for horse racing betting on April 24th April. 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.

Greek Prime Minister Alexis Tsipras told Reuters on Thursday that state assets were one of the thorny issues in talks with the EU/IMF creditors assessing whether the cash-strapped country can get further bailout aid.

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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.

Tags: Greece’sign agreementworth

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