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  1. PPC lignite unit bids fall flat in blow to privatisations
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    to a closely watched privatisation. In December, PPC posted its nine-month results which noted a loss

    9%

  2. Eurobank: From nationalisation to re-privatisation

    Agora

    Few people noticed in July 2012 that a press release published by Eurobank concerning the intention of its major shareholder, EFG Group which was fully controlled by the Latsis family, would signal radical developments for the bank in the near future. T...

    9%

  3. Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 13.53 billion euros in October, compared to a surplus of 6.08 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monda...

    9%

  4. HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
    Photo by Giannis Papanikos/Fosphotos

    Economy

    the second port privatisation in Greece after the acquisition of Piraeus Port Authority (OLP) by COSCO... risen by 6.2 percent over the same period, largely reflecting the company’s privatisation prospects. HRADF also said that the total value of the agreement for OLTH privatisation amounts to 1.1 billion

    9%

  5. The sale of natural gas firm DEPA and its possible legal complications
    Photo via Flickr https://flic.kr/p/faksxt

    Legal

    acronym TAIPED) is keen on pushing ahead with the privatisation of the gas utility DEPA... on the fund’s intentions. In essence, this privatisation’s punctual progress is dependent on Shell... hold. The privatisation of DEPA cannot proceed unless Shell and DEPA agree on the acquisition

    9%

  6. Newsletter 75 - 27/05/2016

    Newsletters

    up a secondary market for loan (including non-performing loan) sales, established a new privatisation... sales and pension reform and pending actions on the privatisation front. The milestones for the second tranche include interventions in the areas of privatisation, bank governance, the revenue agency

    8%

  7. Grassroots protests highlight public discontent with development policies
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ranging from water privatisation to tourism development. The development suggests that public discontent... square of Thessaloniki held in protest against water privatisation. The event was organised... that the measure paves the way for the privatisation of water management, the majority of which

    8%

  8. European Commission review of Greek programme: The key points

    EconomyProgramme

    . Privatisations The target for privatisation receipts in 2014 was revised downwards to 1.5 billion from the 3.56 billion envisaged by the Greek government in the 2014 budget. The new cumulative privatisation target... for nominal GDP due to deeper price adjustment and privatisation revenues coupled with higher arrears

    8%

  9. Newsletter 74 - 20/05/2016

    Newsletters

    MPs to vote on pending issues Bill foresees establishment of new privatisation fund Parliament... and non-performing loans (NPLs), the establishment of the new privatisation fund and legislation.... In addition, the new privatisation fund, whose title has been officially translated as the Hellenic Company

    8%

  10. In potential clash with lenders, SYRIZA wants to use privatistion receipts to fund social policies

    Economy

    for the privatisation fund is expected to be tabled in the next 30-45 days. Most critically, Valavani said that the new privatisation fund's revenues will be used to finance the government’s social policies... of privatisation proceeds, which would be placed into a special escrow account to be used solely for debt reduction

    8%