04/11/2005 (Agence Europe) - The adviser of the Greek government on the sale of the airline Olympic Airlines, Mr Lazard, has started new discussions with the consortium made up of investment group Olympic Investors and its American partner York Capital, to examine their offer and take a final decision on the privatisation of the company, which is running at a loss, within a fortnight, according to Greek daily newspaper Naftemporiki. Greece had two months to come into line with the decision of the Commission, which ruled against it last September for having paid State aid which was found to be illegal, to a total of 550 million EUR to the airline Olympic Airways and its successor, Olympic Airlines (EUROPE 9027). Since a preliminary agreement was signed between the Greek government and the Olympic Investors-York Consortium last August, no progress has been made with the purchase of the company, but the Greek transport Minister Michael Liapsis has never favoured its privatisation. Other solutions have, therefore, been examined at the same time, such as relaunching the carrier by creating a new company, according to Reuters.