

Currently released so far... 13368 / 251,287
Articles
Browse latest releases
2010/12/01
2010/12/02
2010/12/03
2010/12/04
2010/12/05
2010/12/06
2010/12/07
2010/12/08
2010/12/09
2010/12/10
2010/12/11
2010/12/12
2010/12/13
2010/12/14
2010/12/15
2010/12/16
2010/12/17
2010/12/18
2010/12/19
2010/12/20
2010/12/21
2010/12/22
2010/12/23
2010/12/24
2010/12/25
2010/12/26
2010/12/27
2010/12/28
2010/12/29
2010/12/30
2011/01/01
2011/01/02
2011/01/04
2011/01/05
2011/01/07
2011/01/09
2011/01/10
2011/01/11
2011/01/12
2011/01/13
2011/01/14
2011/01/15
2011/01/16
2011/01/17
2011/01/18
2011/01/19
2011/01/20
2011/01/21
2011/01/22
2011/01/23
2011/01/24
2011/01/25
2011/01/26
2011/01/27
2011/01/28
2011/01/29
2011/01/30
2011/01/31
2011/02/01
2011/02/02
2011/02/03
2011/02/04
2011/02/05
2011/02/06
2011/02/07
2011/02/08
2011/02/09
2011/02/10
2011/02/11
2011/02/12
2011/02/13
2011/02/14
2011/02/15
2011/02/16
2011/02/17
2011/02/18
2011/02/19
2011/02/20
2011/02/21
2011/02/22
2011/02/23
2011/02/24
2011/02/25
2011/02/26
2011/02/27
2011/02/28
2011/03/01
2011/03/02
2011/03/03
2011/03/04
2011/03/05
2011/03/06
2011/03/07
2011/03/08
2011/03/09
2011/03/10
2011/03/11
2011/03/13
2011/03/14
2011/03/15
2011/03/16
2011/03/17
2011/03/18
2011/03/19
2011/03/20
2011/03/21
2011/03/22
2011/03/23
2011/03/24
2011/03/25
2011/03/26
2011/03/27
2011/03/28
2011/03/29
2011/03/30
2011/03/31
2011/04/01
2011/04/02
2011/04/03
2011/04/04
2011/04/05
2011/04/06
2011/04/07
2011/04/08
2011/04/09
2011/04/10
2011/04/11
2011/04/12
2011/04/13
2011/04/14
2011/04/15
2011/04/16
2011/04/17
2011/04/18
2011/04/19
2011/04/20
2011/04/21
2011/04/22
2011/04/23
2011/04/24
2011/04/25
2011/04/26
2011/04/27
2011/04/28
2011/04/29
2011/04/30
2011/05/01
2011/05/02
2011/05/03
2011/05/04
2011/05/05
2011/05/06
2011/05/07
2011/05/08
2011/05/09
2011/05/10
2011/05/11
2011/05/12
2011/05/13
2011/05/14
2011/05/15
2011/05/16
2011/05/17
2011/05/18
2011/05/19
2011/05/20
2011/05/21
2011/05/22
2011/05/23
2011/05/24
2011/05/25
2011/05/26
2011/05/27
2011/05/28
2011/05/29
2011/05/30
Browse by creation date
Browse by origin
Embassy Athens
Embassy Asuncion
Embassy Astana
Embassy Asmara
Embassy Ashgabat
Embassy Apia
Embassy Ankara
Embassy Amman
Embassy Algiers
Embassy Addis Ababa
Embassy Accra
Embassy Abuja
Embassy Abu Dhabi
Embassy Abidjan
Consulate Auckland
Consulate Amsterdam
Consulate Adana
American Institute Taiwan, Taipei
Embassy Bujumbura
Embassy Buenos Aires
Embassy Budapest
Embassy Bucharest
Embassy Brussels
Embassy Bridgetown
Embassy Bratislava
Embassy Brasilia
Embassy Bogota
Embassy Bishkek
Embassy Bern
Embassy Berlin
Embassy Belmopan
Embassy Belgrade
Embassy Beirut
Embassy Beijing
Embassy Banjul
Embassy Bangkok
Embassy Bandar Seri Begawan
Embassy Bamako
Embassy Baku
Embassy Baghdad
Consulate Barcelona
Embassy Copenhagen
Embassy Conakry
Embassy Colombo
Embassy Chisinau
Embassy Caracas
Embassy Canberra
Embassy Cairo
Consulate Curacao
Consulate Ciudad Juarez
Consulate Chennai
Consulate Casablanca
Consulate Cape Town
Consulate Calgary
Embassy Dushanbe
Embassy Dublin
Embassy Doha
Embassy Djibouti
Embassy Dili
Embassy Dhaka
Embassy Dar Es Salaam
Embassy Damascus
Embassy Dakar
Consulate Dubai
Embassy Helsinki
Embassy Harare
Embassy Hanoi
Consulate Ho Chi Minh City
Consulate Hermosillo
Consulate Hamilton
Consulate Hamburg
Consulate Halifax
Embassy Kyiv
Embassy Kuwait
Embassy Kuala Lumpur
Embassy Kinshasa
Embassy Kingston
Embassy Kigali
Embassy Khartoum
Embassy Kathmandu
Embassy Kampala
Embassy Kabul
Consulate Kolkata
Consulate Karachi
Embassy Luxembourg
Embassy Luanda
Embassy London
Embassy Ljubljana
Embassy Lisbon
Embassy Lima
Embassy Lilongwe
Embassy La Paz
Consulate Lahore
Consulate Lagos
Mission USOSCE
Mission USNATO
Mission UNESCO
Embassy Muscat
Embassy Moscow
Embassy Montevideo
Embassy Monrovia
Embassy Minsk
Embassy Mexico
Embassy Mbabane
Embassy Maputo
Embassy Manila
Embassy Manama
Embassy Managua
Embassy Malabo
Embassy Madrid
Consulate Munich
Consulate Mumbai
Consulate Montreal
Consulate Monterrey
Consulate Milan
Consulate Melbourne
Embassy Nicosia
Embassy Niamey
Embassy New Delhi
Embassy Ndjamena
Embassy Nassau
Embassy Nairobi
Consulate Naples
Consulate Naha
Embassy Pristina
Embassy Pretoria
Embassy Prague
Embassy Port Of Spain
Embassy Port Louis
Embassy Port Au Prince
Embassy Phnom Penh
Embassy Paris
Embassy Paramaribo
Embassy Panama
Consulate Peshawar
REO Basrah
Embassy Rome
Embassy Riyadh
Embassy Riga
Embassy Reykjavik
Embassy Rangoon
Embassy Rabat
Consulate Rio De Janeiro
Consulate Recife
Secretary of State
Embassy Suva
Embassy Stockholm
Embassy Sofia
Embassy Skopje
Embassy Singapore
Embassy Seoul
Embassy Sarajevo
Embassy Santo Domingo
Embassy Santiago
Embassy Sanaa
Embassy San Salvador
Embassy San Jose
Consulate Strasbourg
Consulate St Petersburg
Consulate Shenyang
Consulate Shanghai
Consulate Sapporo
Consulate Sao Paulo
Embassy Tunis
Embassy Tripoli
Embassy Tokyo
Embassy The Hague
Embassy Tel Aviv
Embassy Tehran
Embassy Tegucigalpa
Embassy Tbilisi
Embassy Tashkent
Embassy Tallinn
Consulate Toronto
Consulate Tijuana
Consulate Thessaloniki
USUN New York
USEU Brussels
US Office Almaty
US Mission Geneva
US Interests Section Havana
US Delegation, Secretary
UNVIE
Embassy Ulaanbaatar
Embassy Vilnius
Embassy Vienna
Embassy Vatican
Embassy Valletta
Consulate Vladivostok
Consulate Vancouver
Browse by tag
ASEC
AEMR
AMGT
AR
APECO
AU
AORC
AJ
AF
AFIN
AS
AM
AFFAIRS
AA
ADM
ALOW
ACOA
ATRN
AID
AND
APER
ADANA
APEC
ADPM
ADCO
ABLD
AADP
AG
ARF
AMED
AY
AORG
ASEAN
ABUD
AROC
AE
AO
AL
APCS
AGAO
AINF
AODE
ACABQ
AX
AMEX
AZ
ASUP
ARM
AQ
ATFN
AMBASSADOR
ACBAQ
AFSI
AFSN
AC
ASIG
ASEX
AER
AVERY
AGRICULTURE
ASCH
AFU
AMG
ATPDEA
ASECKFRDCVISKIRFPHUMSMIGEG
AORL
AN
AIT
ANET
AGMT
ACS
AGR
AMCHAMS
AECL
AUC
AFGHANISTAN
ACAO
BR
BB
BG
BEXP
BY
BA
BRUSSELS
BU
BD
BK
BL
BH
BM
BTIO
BP
BO
BE
BILAT
BC
BX
BIDEN
BF
BBSR
BT
BMGT
BWC
BN
BTIU
CPAS
CA
CASC
CS
CBW
CIDA
CO
CODEL
CI
CROS
CU
CH
CWC
CMGT
CVIS
CDG
CD
CV
CG
CF
CHIEF
CJAN
CBSA
CE
CY
CM
CONS
CW
CN
CDC
CT
CONDOLEEZZA
CICTE
CYPRUS
COUNTRY
CBE
CIVS
COPUOS
CARSON
CTR
COUNTER
COM
CR
CFED
CKGR
CHR
CVR
CLINTON
COUNTERTERRORISM
CITEL
CLEARANCE
COE
CARICOM
CB
CSW
CIC
CITT
CAFTA
CACM
CDB
CJUS
CTM
CAN
CONSULAR
CLMT
CBC
CIA
CNARC
CIS
CEUDA
CAC
CL
CACS
CAPC
ECON
ETTC
EFIS
ETRD
EC
EMIN
EAGR
EAID
EU
EFIN
EUN
ECIN
EG
EWWT
EINV
ENRG
ELAB
EPET
EN
EAIR
EUMEM
ECPS
ELTN
EIND
EZ
EI
ER
ET
EINT
ECONOMIC
ENIV
EXIM
ES
ECONOMY
ERNG
ELECTIONS
ENERG
EK
EPA
ENGR
ETRC
ENVI
EXTERNAL
ELN
EAIDS
ECA
EFTA
EINVEFIN
EUREM
ETRDEINVECINPGOVCS
EFINECONCS
ECOSOC
ETC
ENVR
EAP
EINN
EXBS
ENGY
ECONOMICS
EIAR
EINDETRD
ECONEFIN
EURN
EDU
ETRDEINVTINTCS
ECIP
EFIM
EREL
EINVETC
ECONCS
ETRA
ESA
EAIG
EUR
EUC
ERD
ETRN
EINVECONSENVCSJA
EEPET
EUNCH
ESENV
ENNP
ECINECONCS
ETRO
ETRDECONWTOCS
ECUN
GM
GG
GERARD
GT
GA
GR
GTIP
GLOBAL
GV
GH
GL
GOV
GOI
GF
GTMO
GANGS
GCC
GAERC
GE
GZ
GAZA
GY
GUILLERMO
GASPAR
IZ
IN
IAEA
IS
IMO
ILO
IR
IC
IT
ITU
IV
IMF
IBRD
INDO
IWC
IRAQI
ISRAELI
ITALY
ITPGOV
ITALIAN
ICAO
ITRA
IPR
INMARSAT
ID
ICRC
INTERNAL
IIP
IRS
ICTY
IQ
IO
ICJ
ILC
IEFIN
IA
INTERPOL
IEA
INR
INRB
IAHRC
ISRAEL
IZPREL
IRAJ
IF
ITPHUM
IL
IACI
IDA
ISLAMISTS
IGAD
ITF
INRA
INRO
IBET
INTELSAT
IDP
ICTR
IRC
KNNP
KFLO
KDEM
KOMC
KSUM
KIPR
KFLU
KPAO
KE
KCRM
KJUS
KAWC
KZ
KSCA
KDRG
KCOR
KGHG
KPAL
KTIP
KMCA
KCRS
KPKO
KOLY
KRVC
KVPR
KG
KWBG
KMDR
KTER
KSPR
KV
KTFN
KWMN
KFRD
KSTH
KS
KN
KISL
KGIC
KSEP
KFIN
KTEX
KTIA
KUNR
KCMR
KMOC
KCIP
KTDB
KBIO
KU
KSTC
KICC
KIRC
KSEO
KSAF
KR
KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG
KIRF
KOCI
KMPI
KCRCM
KNUC
KIDE
KPAONZ
KHLS
KPRP
KHDP
KNUP
KHIV
KCSY
KTRD
KNAR
KWAC
KJUST
KTBT
KBCT
KNPP
KO
KBTS
KSCI
KACT
KFSC
KENV
KAWK
KHSA
KPRV
KVIR
KCFE
KX
KVRP
KCOM
KAID
KPWR
KTLA
KMFO
KNNPMNUC
KNDP
KMRS
KERG
KPOA
KRCM
KCFC
KNEI
KCHG
KPLS
KREL
KFTFN
KTFM
KLIG
KDEMAF
KRAD
KBTR
KGIT
KGCC
KICA
KHUM
KSEC
KPIN
KESS
KDEV
KPIR
KWWMN
KOM
KWNM
KRFD
KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG
KRGY
KREC
KIFR
KSAC
KWMNCS
KPAK
KOMS
KFPC
KRIM
KDDG
KCGC
KPAI
KID
KMIG
KNSD
KWMM
MARR
MX
MASS
MOPS
MNUC
MCAP
MTCRE
ML
MR
MRCRE
MTRE
MASC
MY
MK
MAS
MO
MTCR
MIL
MAPP
MG
MD
MAR
MZ
MU
MP
MA
MOPPS
MTS
MLS
MILI
MEPN
MEPI
MEETINGS
MERCOSUR
MW
MT
MCC
MIK
MAPS
MV
MILITARY
MARAD
MDC
MEPP
MASSMNUC
MUCN
MEDIA
MI
MQADHAFI
MPOS
MPS
MC
NZ
NATO
NI
NO
NG
NL
NU
NPT
NS
NA
NATIONAL
NSF
NDP
NR
NSSP
NP
NIPP
NGO
NAS
NE
NZUS
NH
NSG
NAFTA
NC
NEW
NRR
NT
NASA
NAR
NK
NOVO
NATOPREL
NSC
NV
NPA
NSFO
NW
NORAD
NPG
OTRA
OECD
OVIP
OREP
OPRC
ODC
OIIP
OPDC
OAS
OSCE
OPIC
OMS
OEXC
OPAD
ODIP
OPCW
OIE
OFDP
OFFICIALS
OHUM
OSCI
OTR
OMIG
OSAC
OBSP
OFDA
OVP
ON
OCII
OES
OCS
OIC
PGOV
PREL
PARM
PINR
PHUM
PM
PREF
PTER
PK
PINS
PBIO
PHSA
PE
PBTS
PL
POL
PAK
POV
POLITICS
POLICY
PPA
PCI
PAS
PALESTINIAN
PROP
PTE
PA
PAIGH
PO
PROG
PJUS
POLITICAL
PMIL
PGOF
PDOV
PSI
PG
PRAM
PREO
PARMS
PAO
PTERE
PRGOV
PORG
PP
PS
PKFK
PSOE
PEPR
PINT
PMAR
PRELP
PREFA
PNG
PFOR
PUNE
PGOVLO
PHUMBA
POLINT
PNAT
PGOVE
PHALANAGE
PARTY
PDEM
PECON
PY
PLN
PHUH
PEDRO
PF
PHUS
PTBS
PU
PARTIES
PCUL
PGGV
PSA
PGOVSMIGKCRMKWMNPHUMCVISKFRDCA
PGIV
PHUMPREL
POGOV
PEL
PINL
PBT
PINF
PRL
PSEPC
POSTS
PAHO
PHUMPGOV
PGOC
PNR
PROV
RS
RP
RU
RW
RFE
RCMP
RIGHTSPOLMIL
ROBERT
RICE
RM
REGION
RO
ROOD
RSP
RF
RELATIONS
RIGHTS
RUPREL
REMON
REACTION
REPORT
RSO
SZ
SENV
SOCI
SNAR
SY
SO
SP
SU
SI
SMIG
SYR
SA
SCUL
SG
SW
SR
SYRIA
SPECIALIST
SEN
SC
SF
SL
SAARC
SNARIZ
SARS
STEINBERG
SCRS
SWE
SN
SAN
ST
SIPDIS
SSA
SPCVIS
SOFA
SENVKGHG
SANC
SHI
SEVN
SHUM
SK
SH
SNARCS
SPCE
SNARN
SIPRS
TRGY
TBIO
TSPA
TU
TPHY
TI
TX
TH
TIP
TSPL
TNGD
TP
TW
TZ
TF
TN
TC
TL
TV
TS
TT
TK
TD
TERRORISM
TO
TRSY
TURKEY
TINT
TFIN
TAGS
TR
TBID
THPY
UNSC
UK
UNGA
UN
US
USTR
UZ
USEU
UV
UG
UP
UNAUS
UNMIK
UY
USPS
UNHRC
USUN
UNESCO
UNCHR
UNHCR
USNC
UNEP
USOAS
USAID
UE
UNVIE
UAE
UNO
UNDP
UNODC
UNCHS
UNFICYP
UNDESCO
UNC
UNPUOS
UNDC
UNICEF
UNCHC
UNCSD
UNFCYP
UNIDROIT
UNCND
Browse by classification
Community resources
courage is contagious
Viewing cable 05ATHENS2054, SUBJECT: GREECE MAKES SIGNIFICANT PROGRESS IN
If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs
Understanding cables
Every cable message consists of three parts:
- The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
- The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
- The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #05ATHENS2054.
Reference ID | Created | Released | Classification | Origin |
---|---|---|---|---|
05ATHENS2054 | 2005-08-01 14:05 | 2011-05-25 08:00 | UNCLASSIFIED | Embassy Athens |
Appears in these articles: www.tanea.gr |
This record is a partial extract of the original cable. The full text of the original cable is not available.
UNCLAS ATHENS 002054
SIPDIS
E.O. 12958: N/A
TAGS: ECON EFIN GR
SUBJECT: SUBJECT: GREECE MAKES SIGNIFICANT PROGRESS IN
PRIVATIZATION PLANS
1.(U) Summary: The GoG reaped 80 percent of its 2005
privatization revenue goal with last week,s sale of 52
million shares of OPAP, the Greek lottery/gambling company.
The OPAP sale is the first in a series of privatizations that
the GoG plans to accomplish by 2006. Other companies
scheduled to be privatized in 2005 are Olympic Airlines, OTE,
ATE Bank, and Emporiki Bank. In 2006, the Postal Savings
Bank and Athens International Airport are among the companies
the GoG plans to privatize. End Summary.
2.(U) The GoG made significant progress in achieving its 2005
privatization revenue goal of 1.6 billion euros in last
week,s sale of OPAP, the Greek soccer pool and betting
organization. GoG,s public offering of 52.45 million
shares, worth 1.26 billion euros, reduced the GoG,s stake in
the company from 51 percent to 34.5 percent. The revenues
from the OPAP sale are the most the GoG has ever earned from
a single placement of a formally state-owned company.
3.(U) The OPAP sale is part of the GoG,s 2005-2006
multi-million euro privatization plan intended to increase
competitiveness in the market and help Greece,s tough fiscal
situation. The most likely firm to be privatized next, and
the only one over which the GoG is relinquishing complete
control, is Olympic Airlines, Greece,s failing state-owned
air carrier. The GoG,s bidder-of-choice for the airline is
Olympic Investors, a U.S.- based investment consortium. In
the fall, the GoG also plans to float approximately 10
percent of its current 48 percent holding in OTE, the Greek
telecommunications company, on the Athens Stock Exchange.
This will be the sixth public offering of OTE, but the GoG
will continue to exercise enough minority control to
effectively block any management decisions with which it does
not agree.
4.(U) By the end of 2005, the GoG also plans to sell 31.36
percent of its 82.36 percent stake in ATE Bank (formerly
Agricultural Bank) and its remaining 9.46 percent stake in
Emporiki Bank so that it can meet its 2005 1.6 billion euro
privatization target. ATE Bank will be sold to
institutional investors at an estimated value of 250-300
million euros. The likely buyer of Emporiki Bank is the
French Bank Credit Agricole, which already holds an 11
percent stake in the company.
5.(U)Within the first quarter of 2006, the GoG plans to float
20-30 percent of the fully state-owned Postal Savings Bank on
the Athens Stock Exchange. The sale is worth approximately
400-800 million euros and issuance procedures are already
underway. Also slated for privatization in early 2006 is 25
percent of the GoG,s 55 percent stake in Athens
International Airport, a sale worth approximately 400 million
euros.
6.(U) COMMENT: The success of the OPAP privatization makes
it very likely that the GoG will achieve its 2005
privatization revenue target of 1.6 billion euros, one of the
key goals under its new EC-imposed austerity program. While
the GoG has not been entirely clear on whether it will use
the privatization revenue to reduce the deficit or pay down
its debt, now in excess of 116 percent of GDP, privatization
will provide benefits through increased competitiveness in
the market, improved firm efficiency, and increased
transparency and accountability. Although privatization
alone will not solve Greece,s deficit and debt problems, it
is an important part of their strategy in meeting their
Stability and Growth Pact obligations. END COMMENT.
RIES