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HRADF's updated plan for 19 privatisation projects published
Economycouncil. Privatisations remains a key issue for the institutions, as was also clearly reflected... is feasible. He also stressed that the medium-term target for proceeds from privatisations of 6 billion... on the current status of 19 privatisation projects. These include, among others, airports, ports
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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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EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus
EconomyProgramme, the EU draft is particularly detailed on the privatisations and the establishment of the framework... (EKAS) by December 2019. The EU document notes the deficit of the auxiliary funds would be covered... of the privatisation process of the electricity transmission company (ADMIE) as well as the transfer
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammeactions in the field of privatisations. During a press briefing last Thursday, Alternate Finance... they have received so far this year (an estimated 100-120 million euros) as part of the EKAS solidarity... regarding the new privatisation and investment fund regarding the appointment and protection from
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammeMoU. Privatisations Regarding the energy sector, the share purchase agreement for the sale of a 24... single body for social security (EFKA). In addition, the elimination of the solidarity grant (EKAS... will contribute 51 percent of ADMIE to the new privatisation and investment fund (HCAP), while
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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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