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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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First review completed but more prior actions lie ahead for Greece
EconomyProgrammeto the next prior actions, fiscal targets, privatisation targets and arrears’ clearance. The government... on the members of the regulatory council of the new privatisation and investment fund. In addition...-controlled companies has to be transferred to the new privatisation and investment fund. 3) Ratification
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After talks with lenders, Greece returns to list of tasks to secure next bailout payment
EconomyProgrammefor the disbursement of those funds. Privatisations On the privatisation front, the most contentious issues concern... privatisation and investment fund (HCAP), the voluntary declaration of income and electronic... privatisation-related prior actions with a meaningful progress so far. Labour Although labour
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Fourth review talks move along but some obstacles yet to be cleared
EconomyProgrammea discussion about the privatisation of gas supply firm DEPA and that there would be an attempt... representatives who met with the institutions proposed a new plan for the privatisation of 10 regional ports. According to the report, the Shipping Ministry was unaware that the privatisation agency
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How the pension fund that invested heavily in Attica Bank lost half its reserves
AgoraThe Engineers and Public Contractors Pension Fund (TSMEDE) found itself in the spotlight over the last few days as a result of being the major shareholder in Attica Bank, which faced a number of issues related to corporate governance and lending activities, according to an investigation carried out
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Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeatures-employed workers and reports of such workers deregistering from the status of “self-employed” en masse... Engineers and Public Contractors Pension Fund (TSMEDE) fund compared to 64.2 percent in 2017
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