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Privatisations
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeThe 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
EconomyFeaturesThe 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
EconomyFeaturesA 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
EconomyMacroeconomyFollowing 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
EconomyFeaturesSources 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admitted this week that the initial price of the Athens International Airport (AIA) contract had been too low based on outdated parameters.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
EconomyFeaturesWith 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
EconomyProgrammeThe 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
EconomyProgrammeTwo 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
EconomyProgrammeAside 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
EconomyProgrammeThe 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.