Alpha Bank, Greece’s second-largest bank, could take part in a tender for a stake in state-held Postal Savings Bank if the price is right, Alpha’s chief executive said in an interview on Sunday. Greece is set to launch an international tender for a 35 to 40% stake in Postal Savings after a principal shareholder in Bank of Attica, which the government hoped to merge with Post, failed to come up with a bid.
Read MoreLetter price, performance, no of items, employees and size of network.
Covers: Belgium / Denmark / Finland / France / Germany / Greece / Republic of Ireland / Italy / Luxembourg / Netherlands / Portugal / Sweden / UK /
P:LibraryPostalPostComm Formal DocumentsInternational comparisons Oct03.pdf
Hellenic Post 2002 profits have increased from EUR 15.5 million to EUR 19.1 million with turnover up by 13%.
Read MoreHellenic Post Offices SA said on Monday that net earnings in the first half totalled 11.0 million euros, up 13.52 percent on the same period a year earlier. Turnover was 227.8 million euros, showing a 10.55 percent increase on the first half of 2002, management said in a statement.
Read MoreThe government on Tuesday submitted a bill to parliament to liberalise postal services
Under the communications ministry bill, deregulation will come into force after 2009 in line with EU rules.
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