OTE: Greek goverment to transfer its 10% to Hellenic Republic Asset Development Fund
The Greek government will transfer its shares in Hellenic Telecommunications Organisation (OTE) to Hellenic Republic Asset Development Fund (HRADF), the privatisation agency.
The privatisation is part of the latest Greek reform proposals to the European Commission, the European Central Bank and the IMF.
Germany’s Deutsche Telekom currently holds a 40% stake in OTE.
Link to orginal source.
Government Press Release