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Privatisations
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
The Council of State has approved the redevelopment of Athens’s former airport at Hellenikon, meaning just one prior action from the third review remains to be completed as the Greek government and the institutions gear up for the fourth review to start next week.
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The sale of natural gas firm DEPA and its possible legal complications
On January 15, 2018 the Government Council of Economic Policy approved the national energy plan for the gas sector, for the period 2017-2022 (Decision No 78, Government Gazette B 59/18-01-2018).
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Piraeus Port Authority lays out major development plans
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EconomyFeaturesPiraeus Port Authority (PPA) on Monday unveiled its ambitious 10-year investment plan, involving an estimated 500 million euros in investments.
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HRADF outlines major privatisation plan, no timelines given
The Hellenic Republic Asset Development Fund (HRADF) this week released an outline for the completion of several major privatisations, though no deadlines or timelines were specified.
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Thessaloniki Port Authority contract signed, Hellenikon takes another step
The contract for the sale of a 67-percent stake in the Thessaloniki Port Aurthority (OLTH) was signed on Thursday between Greece’s privatisation agency and the German-led consortium which submitted the winning tender earlier this year.
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Energy at forefront as Athens prepares for creditors’ return
Athens has reached a comprehensive agreement on energy issues, which was one of the biggest obstacles in the way of a staff-level agreement (SLA) being secured by December 4.
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Investors voice concerns about delays to Hellenikon as mine talks falter
The development of the former airport at Hellenikon is once again under scrutiny as investors voiced their worries that only one of 10 actions needed to start the project have been completed.
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Eurogroup marks start of countdown for prior actions
Greece is not on the official agenda for Monday’s Eurogroup meeting, although eurozone finance ministers are expected to receive an update from the institutions’ mission chiefs on where the third review stands.
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Sub-tranche, 2017 fiscal performance ticked off on first day of review talks
The first day of talks between Greek government officials and the institutions’ heads of mission in Athens on Monday appeared to settle a couple of issues but leave several others for further discussion this week.
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PM hopes to avoid stumbling blocks amid numerous outstanding review actions
The institutions’ mission chiefs are due to begin talks in Athens on Monday with Greek government officials amid hopes that the third review can be concluded relatively quickly without any complications.