ECONOMIC INTERPENETRATION / (eu) privatisation

- Greece: The Greek government has signalled that the December 2004 tender for Greek public airline OLYMPIC AIRLINES failed to find a rescuer for the ailing carrier (accumulated loss of EUR 107.1 mil since 2003) and the government will soon be setting up a mixed company. It has published draft legislation to set up a new company in which the state would have a minority stake, with private investors running the company. The EU competition authorities required the airline to refund EUR a 700...