Greece has selected international advisers for the first round of an ambitious EUR 50 bn privatisation programme aimed at averting a forced restructuring of its sovereign debt, the Financial Times has reported.
Greece has selected international advisers for the first round of an ambitious EUR 50 bn privatisation programme aimed at averting a forced restructuring of its sovereign debt, the Financial Times has reported.
The finance ministry named financial and legal advisers for two big concession projects to operate Athens airport and develop a luxury resort. It said BNP Paribas and National Bank of Greece would advise on extending a 20-year concession to operate Athens international airport, currently held by Germany's Hochtief group.
Citigroup and Greece's Piraeus Bank were named as advisers on a concession to develop the 1,500-acre site of the former Athens international airport in a coastal suburb as a luxury tourist resort.
