Cyprus May Sell Majority Stake in Airline, Phileleftheros Says

Cyprus may sell a majority stake in state-controlled Cyprus Airways Ltd., Phileleftheros reported, citing Finance Minister Kikis Kazamias.

In the next two weeks Kazamias will submit a proposal to the cabinet allowing for the stake to be sold to investors, Phileleftheros reported on its website.

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To contact the reporter on this story: Stelios Orphanides in Athens at sorphanides@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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