Brussels, 26/04/2012 (Agence Europe) - On Thursday 26 April, the European Commission decided to send Greece a reasoned opinion, the next stage in the infringement proceedings about privatisation of telecoms company OTE. Greece may be sent to the European Court of Justice if it fails to respond within two months.
On the grounds of the free movement of capital, the Commission is challenging the Greek government's golden share in OTE, despite the government holding 25% of the company. The...