Tuesday, April 2, 2013

Greece Seeks Bidders For Sale Of Its Railroad Infrastructure By Early 2014



The Greek government has been trying in recent years to sell everything short of its historic Parthenon in an attempt to climb itself out a massive debt hole all or part of the network, according to Reuters.


The OSE owns and maintains the country’s rail infrastructure except for the Athens rapid transit lines. It consists of about 500 freight and passenger routes on 2,500 kilometers (1,553 miles) of railways. The country also considered following Britain’s privatization strategy of breaking up the network into a series of slots, but now it seems the country is seeking one bidder for the whole shebang.  
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