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Complex privatisation fund faces tall order to reduce Greek debt
Economy2010 and was the first attempt to generate revenues from privatisations and asset development... that until now, the whole amount of HRADF proceeds from privatisations was used for debt reduction... for the conclusion of Greece’s first programme involves the establishment of a new privatisation fund
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Much ground to cover on prior actions despite privatisation progress
EconomyProgrammebefore the MoU expires in August. Privatisations There was some progress on privatisation issues... privatisations it has targeted for this year. “The period until June is a quite critical one, which... that the institutions have accepted that there will be around 10 prior actions, some linked to privatisation issues
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DESFA transfer complete as HRADF heads for record year in privatisation revenues
EconomyFeaturesfor a record year in terms of revenue privatisations in 2018. The fund has reported privatisation...A major privatisation reached its conclusion on Thursday with the transfer of the Hellenic Gas... and know-how to the company,” he said. The DESFA privatisation had been marred by repeat delays
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Hatzidakis announces strategy for partial privatisation of PPC
EconomyFeaturesPower Transmission Operator (ADMIE). In addition, further privatisations were proposed for ADMIE under... policy agenda. Hatzidakis said that the rescue plan for PPC involved the partial privatisation... in order to open up the latter’s prospects for privatisation. Currently, the distribution network
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Airport privatisation set for take-off as more sales head for runway
EconomyFeaturesshares). Ongoing privatisations In addition to AIA, the privatisation of the Public Gas Corporation...The privatisation of the Athens International Airport (AIA) moved forward a step this week when... tenders. Reports suggest that there are hopes the privatisation could raise up to 1.5 billion euros
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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politics. On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomymillion. The corresponding expenditure stood at 277 million, under target by 78 million and leading... on 2.44 billion. Privatisation proceeds in the aggregate period came to 227 million, below their target by 13 million. For the same period last year, privatisation proceeds had reached 968 million
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The arduous road of privatisation in Greece
Agoranews. First, the Greek privatisation agency confirmed its medium-term revenue targets. The HRADF’s... years. He was a rare example of continuity at the senior management level of the Greek privatisation... in the Greek privatisation process? What should potential foreign investors make of the fact
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Ambitious privatisation targets will test government's resolve
Economyprivatisations and other means. It is reminded that this fund would generate a targeted total of 50... grid operator ADMIE being sold to private investors was a reminder of the pressing privatisation targets ahead for the coalition. The government has committed for total privatisation proceeds of 6.4
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Piraeus port privatisation moves a step closer
EconomyBankingof the site and the official announcements are due in the coming days. Privatisations, which have stalled over... mark the conclusion of the second major privatisation project by the current government, after... has also recently reached an agreement with the institutions over the privatisation of the electricity
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