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Coronavirus to delay much of privatisation plan
EconomyFeaturespushed to 2021. The government’s 2020 budget had forecast that privatisation revenues during the year... the privatisation’s timeline off track. Athens International Airport saw its total air traffic fall..., though a timeline is as yet unavailable. Hellinikon The main privatisation which continues to remain
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Ambitious privatisation targets will test government's resolve
Economygrid 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... the privatisation that has stalled in the first half of the year, the government has pledged to adopt
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Last-minute labour amendment, university asylum law fuel political row as third bill passes
PoliticsGreek Politicsemployees’ compensation rights. Also, firms are no longer responsible for ensuring that sub-contractors abide by labour regulations. The sub-contractor is responsible for ensuring workers’ rights...-contractors they use and employees having the right to take legal action against employers even
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HRADF outlines major privatisation plan, no timelines given
EconomyProgrammedevelopment plan covers 19 privatisation projects, including 14 regional airports, Hellenikon, DESFA... euros. For 2018, privatisation revenues are estimated much higher, at 2.74 billion. Most... small stake in OTE is up for sale, it constitutes one of the most important privatisation moves Greece
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Collapse of DESFA tender adds to Greece’s privatisation challenges
EconomyMacroeconomythat the privatisation process of the Hellenic Gas Transmission System Operator (DESFA) has been cancelled after... for the completion of DESFA privatisation was an amendment tabled by former Energy Minister Panos Skourletis... 21, privatisation revenues of 2.59 billion euros are foreseen for 2017, while the sale of a 66
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
Economythe corresponding VAT, the net proceeds for Greece’s privatisation programme stand at 483.87 million...). The 20-year extension of the concession agreement until 2046 was initially included in Greece’s privatisation... privatisation revenues of 4.56 billion in 2017-2021. The bulk of those proceeds are expected
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Privatisation of key northern ports on hold amid strategic rethink
PoliticsGreek Politicsof the privatisation programme drawn up with the country’s creditors. The announcement came as the sale... the privatisation fund HRADF had already awarded a concession for a cargo pier at Kavala to a consortium of US... is understood to be part of a bigger plan concerning a number of ports on the privatisation list
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HRADF's updated plan for 19 privatisation projects published
Economyon the current status of 19 privatisation projects. These include, among others, airports, ports... Stergios Pitsiorlas recently noted that the privatisation target of 2 billion euros for this year...), Greece is targeted to generate privatisation proceeds of 5.8 billion by 2018, of which 2.5 billion
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Piraeus port privatisation moves a step closer
EconomyBankingmark 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... on the Athens Stock Exchange. Another pending privatisation project relates to the sale of Astir
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HELPE privatisation moves closer as ROSCO sale is completed
EconomyProgrammethe completion of a privatisation which began in 2013, when ROSCO was launched as a separate entity from..., clear path was set out for Greece’s privatisation programme in the coming years, with revenues close to 4 billion euros expected from 2018 to 2022. The MTFS anticipates privatisation proceeds of 2.03
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