Bibliography
Bermeo, N. (1990) The Politics of Public Enterprise in Portugal, Spain, and Greece.
Pinter, London "Business Outlook: Greece," Economist Intelligence Unit, June 27, 1994
"Country Studies: Greece," Commission of the European Communities, Nov-July 1992
"Greek tragedy unfolds over ailing shipyards", Reuter Textline, Sept. 8, 1995
"Has privatization failed?", Economicos, Aug. 31, 1995, p.24 [In Greek]
Hope, K., "Delay puts Greek telecoms flotation at risk: The latest hitch to sell part of the OTE monopoly," Financial Times, November 9,1994, p.2
"Greece moves on telecoms sale," Financial Times, October 6, 1994, p.3
"Greeks fight state sales," Financial Times, July 28, 1993, p.2
"On course for convergence," Financial Times, Nov. 14, 1995, p.III
"Survey of Greece," Financial Times, November 14, 1994, p.I
Karaiskakis, A. (Commercial Attache, Greek Embassy). Personal Interview. November 20, 1995
Majone, G., "Deregulation or Reregulation: Regulatory Reform" in Europe and the United States, Francis Pinter, London
"Management is the essence of the problem", Kathimerini, July 18, 1993, p.18 [In Greek]
Mason, J. "Europe's privatization party," International Management, December 1991, pp.32-45
"Minister quits over Greek sell-off row," Finacial Times, Sept. 12, 1995, p.2
"Modernization of DEKO," Proini, May 10, 1995, p.22 [In Greek]
"Privatization," Doing Business with Greece Guide, January 1993
"Report on the Economic Policy in Greece" released by the Ministry of National Economy, September 5, 1992, provided by the Embassy of Greece, Press and Information Office in Washington DC
Stergiou, D., "The always deadly threat of problematic firms," Economicos, Aug.8, 1995, p.20 [In Greek]
"10% of OTE in Sofokleous," To Vima, Jan. 8, 1995, p.D1 [In Greek]
"The time-table for liberalization of telecommunications in the Community," Kathimerini, July 18, 1993, p.38 [In Greek]
"This time Sisyshus must get there," The Economist, May 22, 1993, p.5
Thomadakis, S. (Professor of Economics, Athens University and Financial Advisor to the present privatization committee). Personal Interview. November 15, 1995
"Three models of economic policy for problematic firms," Economicos Tahidromos, August 31, 1995, p.98 [In Greek]
| Table 1: Enterprises Available for Privatization | |
|---|---|
|
Agricultural Bank
Commercial Bank Industrial Development Bank National Bank IRO Ministry of Defense Ministry of Finance Ministry of Industry Ministry of Tourism Ministry of Transport and Communications Total |
36
9 18 12 54 1 2 10 21 7 170 |
| Table 2: Progress in the Privatization Program | |
|---|---|
| end-September 1991 | |
|
Total number of available enterprises
Contracts negotiated Bids received or deadline for bids set Financial advisors appointed In liquidation Other Companies sold |
170
12 18 23 25 82 10 |
| Table 3: Forthcoming Telecom Privatizations | ||||
|---|---|---|---|---|
| Telecom Operator | Stake (%) |
Type of offer |
Existing free float |
Amount Dollars bn. |
|
SPT Telecom (Czech Rep.)
Matav (Hungary) Telefonica D'Espana Gelgacom Bezeq (Israel) Stet PT Telecom Indonesia OTE (Greece) Deutsche Telecom KPN Netherlands/1996 Telecom South Africa/1996 |
27
40 12 30 25 61 N/A 8 49 30 30 |
I/D I/D I/D I I/D I/D I/D I/D |
SS
IPO (*) 68% SS 24% 35% IPO IPO IPO 30% SS |
1
1 1 1.8 0.5 7 2 0.5 10 4 1 |
Source: Financial Times, June 12, 1995