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Privatisations
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HRADF development plan lays out list of actions pending for privatisations
EconomyFeaturesThe Hellenic Republic Asset Development Fund (HRADF) has noted in its revised business development plan that a number of barriers still remain in place for several major privatisations to move forward, including the redevelopment of the Hellinikon.
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Airport privatisation set for take-off as more sales head for runway
EconomyFeaturesThe privatisation of the Athens International Airport (AIA) moved forward a step this week when the Hellenic Republic Asset Development Fund (HRADF) announced that 10 investment schemes expressed interest in the first phase of acquiring a 30 percent stake in the airport currently held by HRADF.
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ND promotes positive narrative abroad, away from inquiry clash at home
PoliticsGreek PoliticsWhile the domestic political agenda continues to be debated by the tug-of-war over the Novartis affair, the government continues to try to promote abroad a narrative based on progress and renewal.
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New twist in Hellinikon saga as Lamda goes it alone
EconomyDevelopments in Greece’s marquee privatization project at Athens’s former airport took an unexpected turn on Wednesday when it was announced that the foreign investors participating in the consortium formed to acquire the property have withdrawn.
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Privatisation agency chief identifies key targets for coming months
EconomyThe CEO of the Hellenic Republic Asset Development Fund (HRADF), Aris Xenofos, has outlined plans to move ahead with several privatisations that have been pending recently.
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Mitsotakis promises 'new normality,' lines up tax cuts straight away
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has set out his government’s priorities for the next four years, including the broad aim of establishing a new, post-crisis reality in Greece, but also with extensive reference to specific measures, with tax cuts leading the way.
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Primary surplus target still on lenders' agenda despite snap elections
EconomyProgrammeThere have been reports that the European Commission might not publish its third enhanced surveillance report next week, but it is certain that the issue of meeting this year’s fiscal targets will not disappear for the current Greek government or its successor.
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Fears and reassurances over PPC's dire finances
EconomyFeaturesAfter a disastrous set of full year results for 2018 which showed net losses of over half a billion euros from continued operations, the future of the Public Power Corporation (PPC) has been a topic of hot debate in recent weeks.
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesThe European Commission’s (EC) update on its enhanced surveillance report on Greece, released on April 3, contains a number of points including the current state of play with privatisations.
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgrammeThere is growing optimism in Athens that Friday’s informal gathering of eurozone finance ministers will result in a green light for the disbursement of 970 million euros as part of the latest round of debt relief measures.