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Athens News Agency: News in English, 08-06-18

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] OTE-DT agreement ratified

  • [01] OTE-DT agreement ratified

    The Greek Parliament ratified in the early hours of Thursday a strategic alliance agreement between the Hellenic Telecommunications Organisation (OTE) and Deutsche Telekom. 151 deputies of the ruling New Democracy (ND) party voted for the ratification, while 144 deputies of the oppostion parties voted against. 295 deputies, out of the 300-member House, participated in the vote.

    Addressing a parliamentary debate before the vote, Economy and Finance Minister George Alogoskoufis reiterated that the government did not deceive anyone and that the program of selling a further stake in OTE and seeking a strategic investor was included in New Democracy‚s pre-election program which was approved by the Greek people with its vote. He underlined that the agreement was to the benefit of both the organization, consumers, minority shareholders and the Greek economy in general, while he accused the main opposition of pretending to react since it was too searching for a strategic investor when it was in government.

    PASOK party deputy Evangelos Venizelos accused the government of adopting a ?dark, long-term and illegal practice, proof of the legal and political responsibility of the government?.

    ND deputy Giannis Manolis said he would vote in favour of the contract although he stressed he would oppose any decision to cut the state‚s equity stake in OTE below 25 percent.

    Communist party deputy Giannis Mavrikos and SYRIZA party‚s deputy Panagiotis Lafazanis, both expressed their parties strong opposition to the agreement.

    Athens News Agency: News in English Directory - Previous Article - Next Article
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