Russian Railways to continue plans on Greek assets privatization

Train OSE_72524394Russian Railways (RZD) will pursue its plans to acquire newly privatized assets in Greece, despite the current situation in the debt-ridden country, company head Vladimir Yakunin announced. Russian Railways is taking part in a tender for the privatization of railway operator Trainose, the rolling stock operating company Rosco, and the port of Thessaloniki. Greece’s overall debt stands at about USD 350 billion, of which USD 270 billion is owed to the European Central Bank, the International Monetary Fund and some Eurozone countries, sputniknews.com informs.
Greece still has no agreement with its international creditors on a new bailout deal for the country.
Earlier in June, the head of Russian Railways held a meeting with Greek Economy Minister Giorgos Stathakis on the sidelines of the St. Petersburg Economic Forum to discuss the privatization of Greek infrastructure assets. Stathakis said that Athens would announce its final decision soon.


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