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Privatisations
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EconomyBanking
Piraeus port privatisation moves a step closer The deadline for the submission of binding bids for the acquisition of a 67 percent stake in Piraeus Port (OLP) expired on Monday, with the Hellenic Republic Asset Development Fund (HRADF) noting that announcements will be made on January 12 after the opening of financial offers.
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Economy
Greece concludes regional airports deal, more privatisations lie ahead The Hellenic Republic Asset Development Fund (HRADF) announced on Monday that it has signed the long-awaited 40-year concession agreement for the upgrade, maintenance, management and operation of 14 regional airports.
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EconomyProgramme
Greece and lenders seen inching towards deal on ADMIE The Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion.
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EconomyProgramme Privatisation of power transmission firm ADMIE a key challenge among prior actions The privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion.
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Economy
Privatisation chief sees gradual progress but revenues remain unclear In an interview with Kathimerini newspaper on Sunday, the Chairman of the Hellenic Republic Asset Development Fund (HRADF) Stergios Pitsiorlas provided an update on five privatisation projects.
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EconomyProgramme
Lenders set out 49 milestones for Greece to meet before next bailout tranche The Eurogroup Working Group (EWG) decided on Friday a long list of 49 milestones that Greece will have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion euros.
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Economy
Ambitious privatisation targets will test government's resolve Energy Minister Panos Skourletis insistence on Monday that the government aims to prevent power grid operator ADMIE being sold to private investors was a reminder of the pressing privatisation targets ahead for the coalition.
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EconomyProgramme
No time for Tsipras to celebrate as long list of tasks means pressure is on from start The new coalition government to be sworn in on Tuesday after Sunday’s snap elections has a series of challenges ahead of it, most of which stem from the commitments and deliverables outlined in the third bailout programme signed a month ago.
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EconomyProgramme
The targets and deadlines in Greece's privatisation programme The third Memorandum of Understanding (MoU) attached to the third Greek bailout programme signed on August 19 envisages an ambitious privatiaation programme with total proceeds estimated at 6.4 billion euros by 2017.
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EconomyProgramme Greece commits to ambitious privatisation targets as part of new bailout In contrast to SYRIZA’s pre-election pledges, the government has committed to proceed with an ambitious privatisation programme, according to the draft bill on the new financial aid from the eurozone.