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Athens Macedonian News Agency: News in English, 13-07-08
CONTENTS
[01] European Commission gives go-ahead for Greek trains operator's
privatisation
[01] European Commission gives go-ahead for Greek trains operator's
privatisation
ANA-MPA - The European Commission has given the go-ahead for the
privatisation of Greece's trains operator TRAINOSE, which runs trains
in Greece's railway network.
"The European Commission's approval of the start of TRAINOSE's
privatisation opens up a new chapter, not just for the history of
rail transport but also for the investment sector in our country,"
Infrastructure, Transport and Networks Minister Mihalis Chrysohoidis said
on Monday, commenting on a letter he received from European Commission
Vice-President Joaquin Almunia.
Almunia stressed the benefits of TRAINOSE's upcoming restructuring and
privatisation, noting that the move will free the company from the issue
of state subsidies, ensure its survival and growth and restore Greece's
railways to the "centre of European competition", with significant
benefits for both passenger and goods traffic.
According to sources, there is strong interest in the privatisation
process for the Greek railway network, with potential investors including
private companies and the state railway companies of Russia, China,
France, Romania and two U.S. companies.
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