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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammeliberalisation of the non-performing loan (NPL) market and the new privatisation fund. Pension... ease the burden on cooperative borrowers and enable banks to unlock tied-up funds. Privatisation Fund... Wolfgang Schaeuble has repeatedly noted that he considers the establishment of a new privatisation fund
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammebillion, while privatisation receipts of around 6 billion are also expected to lower financing needs... billion to arrears’ clearance. Deducting privatisation revenues of 1.3 billion and ANFA profits..., and 2.3 billion arrears’ clearance. Privatisation proceeds of 3.2 billion and ANDA profits of 0.3
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesby Greece as part of the successive bailouts, including but not limited to the privatisation programme. In the decade since its establishment in 2011, the privatisation fund HRADF has brought in close... euros already accounted for in H1. These include major privatisation deals like the acquisition of 49
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Tsipras begins effort to avoid SYRIZA division over deal with creditors
PoliticsGreek Politics’s proposals on the privatisation issue are a little ambiguous. Greece commits to completing... for energy privatisation. While Greece is bound by European Union competition rules to liberalise the market... to avoid their privatisation, it would go some way to quashing any reaction from Lafazanis and others
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyrisk and smoothening of the maturity profile. Privatisations Total privatisation proceeds are seen... billion and increased privatisation revenues of 2.04 billion from just 123 million in 2016... to the 2017 budget, the bulk (1.93 billion) of the anticipated privatisation revenues will stem from
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Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammeon the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece.... The privatisation process calls for the sale of 20 percent to a strategic partner, a European firm specialised... to that applied several years ago in the privatisation of the Hellenic Telecom Organisation (OTE). Also
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Greece close to agreement that would unlock sale of Astir Vouliagmenis
Economy. This is the fourth important development on the privatisation front in December. The first... percent would be free floated in the Athens Stock Exchange (ASE). The second privatisation development... he anticipated privatisation revenues of 3 billion next year, which would be above the 2016 budget
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Tsipras sails through multi-bill vote, looks to disbursement and debt relief
PoliticsGreek Politicsrises, the creation of a new privatisation fund that allows lenders to exercise considerable influence..., Vassiliki Katrivanou, decided to vote against the two articles relating to the privatisation fund.... She denounced the creation of the new privatisation fund as a handing over of Greek sovereignty
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ECJ decision on PPC’s lignite exploitation rights and future investments
Legalon lignite rights, brings back to the fore the issue of PPC’s privatisation. The legal services of the Energy Ministry and minister Giorgos Stathakis will have to decide on the privatisation... and prosperity through privatisation of electricity production, there are certain matters that may not allow
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Thessaloniki Port Authority contract signed, Hellenikon takes another step
EconomyProgramme) was signed on Thursday between Greece’s privatisation agency and the German-led consortium which submitted... euros. Overall, the total value of the privatisation is expected to generate 1.1 billion euros... in privatisation revenues in 2018 in order to meet the targets set out in its 2018 budget. The budget also
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