Wednesday, January 18, 2017

Greece sells its national railway, TRAINOSE, to Italian railways

Greece’s national rail business TrainOSE has been sold to Italy’s state railway group Ferrovie dello Stato (FS) for EUR45 million ($ 48.1 million). The sale belongs to Greece’s EUR86 billion bailout agreed with its creditors two years ago. The privatization of state possessions is a condition of the bailout deal though it opposes Prime Minister […]

from Travelling News http://ift.tt/2j9Frja
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