Friday, March 2, 2012

Greece - Ex-Olympic site for sale to raise cash to pay off its debts

Published on Mar 2, 2012 by
http://www.euronews.net/ Trying to raise cash to pay off its debts, the Greek government pushes ahead with privatisation plans and has invited bids for the future management rights to the International Broadcasting Centre in Athens.

The vast complex was built for the 2004 Olympics.
Part of it is used as a shopping centre while other areas have not been built on ..

It is currently operated by a developer which has a lease that runs for another 35 years.

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