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Privatisations
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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admitted this week that the initial price of the Athens International Airport (AIA) contract had been too low based on outdated parameters.
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Privatisation revenues edge upward as end-of-year deadline looms
With three quarters of the year now gone, the Greek government still has much ground to cover in order to meet its privatisation target of around 2 billion euros in revenues across the full year.
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Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
The privatisation of Hellenic Petroleum (HELPE) inched forward as the tender process for a 50.1 percent stake in the oil refinery entered a new phase.
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HELPE privatisation moves closer as ROSCO sale is completed
Two international bodies have made it to the second round of bidding for a 50.1 percent stake in Hellenic Petrol (HELPE) as progress continues on Greece’s privatisations.
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Lenders set out post-MoU reform tasks ahead for Athens
Aside from marking the completion of Greece’s third and final European Stability Mechanism (ESM) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off.
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Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
The government will be looking to demonstrate a significant reduction in its list of 88 prior actions by the June 21 Eurogroup, including covering ground on several major privatisations.
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MTFS outlines ambitious economic and fiscal road for next four years
The government tabled in Parliament on Friday evening the Medium-Term Fiscal Strategy (MTFS) for 2019 - 2022 as part of the multi-bill containing the measures needed for the conclusion of the fourth and final programme review.