Successes and Headaches Alike for Greece in Privatization Drive
Successes and Headaches Alike for Greece in Privatization Drive

Summary/Abstract: While the Greek government can bask in the warm glow of healthy incoming numbers for the 2005 tourism season, in which an 11.5 percent increase is expected, it also is having to deal with headaches such as a recent EU decision against the “ailing” Olympic Airways, which ruled that the Greek national air carrier “…must repay several hundred million euros in illegal aid – a decision that could cripple the company.”

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