Greece and lenders seen making progress on privatisation fund but not on NPLs

EconomyProgramme Tags: Banking, NPLs, Privatisations

In specific, the two sides seem to have agreed that there would be four key entities under the umbrella of the new fund: the existing Hellenic Republic Asset Development Fund (HRADF), the Hellenic Financial Stability Fund (HFSF) holdings in core banks, the Public Properties Company (ETAD) as well as the state controlled companies.

The market value of HRADF’s share in five listed companies, namely Hellenic Petroleum, Athens and Thessaloniki Water utilities, Thessaloniki Port and Public Power Corporation (PPC) currently stands at around 930 million euros. In addition, HRADF holds a...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.