Greece`s plan to privatize the national lottery and gambling company, Opap, may collapse, the FT reports.
The €700m deal is part of the country`s bailout. Tensions about the technology contract that go along with the privatization are outlined in emails, which are an embarrassing display of the lack of professionalism from the Greek oil tycoon trying to make the deal. There was only one offer.
“He insulted me, as on many previous occasions … You dare to sign [the Intralot and lottery contracts] and I will take your head off,” Mr Louropoulos quoted Mr Melissanidis as telling him on May 20.
Greece is expected to raise €2.6bn this year via privatizations.
