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Privatisations
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Mitsotakis promises 'new normality,' lines up tax cuts straight away
Prime Minister Kyriakos Mitsotakis has set out his government’s priorities for the next four years, including the broad aim of establishing a new, post-crisis reality in Greece, but also with extensive reference to specific measures, with tax cuts leading the way.
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Primary surplus target still on lenders' agenda despite snap elections
There have been reports that the European Commission might not publish its third enhanced surveillance report next week, but it is certain that the issue of meeting this year’s fiscal targets will not disappear for the current Greek government or its successor.
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Fears and reassurances over PPC's dire finances
After a disastrous set of full year results for 2018 which showed net losses of over half a billion euros from continued operations, the future of the Public Power Corporation (PPC) has been a topic of hot debate in recent weeks.
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EC report analyses state of play with privatisations as HELPE hits obstacle
The European Commission’s (EC) update on its enhanced surveillance report on Greece, released on April 3, contains a number of points including the current state of play with privatisations.
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
There is growing optimism in Athens that Friday’s informal gathering of eurozone finance ministers will result in a green light for the disbursement of 970 million euros as part of the latest round of debt relief measures.
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Athens waits for response from institutions on primary residences proposal
The government and the banks are waiting for a response this week from the institutions and the European banking supervisory authorities regarding the proposal for the framework that will succeed the Katseli law.
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PPC lignite unit bids fall flat in blow to privatisations
The Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest.
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DESFA transfer complete as HRADF heads for record year in privatisation revenues
A major privatisation reached its conclusion on Thursday with the transfer of the Hellenic Gas Transmission System Operator (DESFA) to its purchasing consortium.
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
Following the formal approval by the European Commission on Wednesday as part of the European semester, the Finance Ministry tabled to Parliament the final budget for 2019.
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New details reveal what may have led to discrepancy in Athens Airport concession price
Sources at the Hellenic Republic Asset Development Fund (HRADF) admitted this week that the initial price of the Athens International Airport (AIA) contract had been too low based on outdated parameters.