OSE, which has debts of nearly Euros 10 billion, features in an initial
tranche of privatisations alongside water companies and the postal
service.

As a condition of its Euros 110 billion bailout by the European Union
(EU) and International Monetary Fund (IMF), Greece has pledged to
complete a privatisation plan by the end of the year with the aim of
raising this amount.

A full report on the impact of the financial crisis on Greece's railways can be found in the June issue of IRJ.
 
Photo: Philip Wormald
 
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