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Privatisations
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Economy
Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion Greece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales.
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EconomyProgramme
Greece and lenders seen making progress on privatisation fund but not on NPLs Although considerable gaps still exist between the mission chiefs and the government on the key issues of fiscal and tax measures as well as pension reform, progress has been reportedly made on the new privatisation fund.
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EconomyBanking
Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation Hellenic Republic Asset Development Fund said on Wednesday afternoon it accepted COSCO’s improved financial offer for the sale of 67 percent stake in Piraeus Port Authority (OLP).
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Economy
Greece close to agreement that would unlock sale of Astir Vouliagmenis The Hellenic Republic Asset Development Fund (HRADF) is close to reaching an agreement that will unlock the sale of Astir Vouliagmenis, according to market sources.
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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.