Greece to launch tender to sell water utility stake
ATHENS, July 13 (Reuters) - Greece has decided to launch a tender to sell a 23 percent stake in the country's second-largest water utility EYATH (TWSr.AT), the finance ministry said on Monday.
"The Privatisation Committee decided the sale to a strategic investor of 23.02 percent of its stake in EYATH... through an international tender," the finance ministry said in a statement.
The government owns 74 percent in EYATH, the water supply company in the northern Greek city of Thessaloniki. It has said it is looking for a strategic investor in EYATH as part of plans to raise 1 billion euros ($1.4 billion) from state asset sales this year to reduce public debt.
(Reporting by Harry Papachristou)
© Thomson Reuters 2009 All rights reserved



