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Greece's ultimate sacrifice for stability
Agora. PASOK, Samaras's enduring coalition partner, has been frustrated in its efforts to pass human rights.... Should we, for instance, be looking at the country’s privatisation process, the recapitalisation
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SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
PoliticsGreek PoliticsDespite enduring a testing time during the meeting of SYRIZA’s central committee over the weekend, Prime Minister Alexis Tsipras emerged on Sunday without any serious damage and with the majority... to the privatisation of the country’s natural resources and utilities during his address to the central committee over
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Train tragedy prompts urgent questions about railway safety
PoliticsGreek Politicsservices, some of which were the result of enduring administrative failings, were identified as playing... as part of the privatisation programme agreed with Greece’s lenders. The leftists were criticised by New
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Newsletter 372 - 03/03/2023
services, some of which were the result of enduring administrative shortcomings, were identified... the SYRIZA-led government as part of the privatisation programme agreed with Greece’s lenders
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
EconomyGreece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales... for privatisation revenues of 6 billion by 2018 can also be achieved. According to a draft supplementary memorandum of understanding (MoU), the implementation of the privatisation programme aims
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Privatisation chief sees gradual progress but revenues remain unclear
EconomyDevelopment Fund (HRADF) Stergios Pitsiorlas provided an update on five privatisation projects. On the timetable for the privatisation of Greek ports, Pitsiorlas said the deadline for the submission... Holding (Turkey) Pending projects There are also two privatisation projects pending completion
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Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomythe privatisation process of the Independent Power Transmission Operator (ADMIE). The four banks noted... that the syndicated loan is guaranteed by ADMIE shares. However, the privatisation procedure for ADMIE selected... stressed. The privatisation process for ADMIE (fully owned by PPC) includes the unbundling of company
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Greek reform proposals set for broad approval but include some political obstacles
PoliticsGreek Politicswill have difficulty explaining itself is in pension reform and privatisations. On pensions.... There is also likely to be unrest over its position on privatisation. The coalition commits not to roll back privatisations that have been completed or where the tender process has been launched
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesA survey by the European Central Bank (ECB) looking into the purchasing habits of Europeans has found that cash is still the preferred method of payment for most Greeks despite efforts to encourage card and electronic payments. The study titled “The use...
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