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Privatisations
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First day of talks highlights distance that needs to be covered
The new round of negotiations between the institutions’ mission chiefs and the Greek ministers began on Tuesday.
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Institutions back in Athens to resume review, agree new measures
After a stalemate of more than 2.5 months, discussions between the Greek government and the institutions’ mission chiefs are due to resume in Athens on Tuesday.
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HRADF signs share purchase agreement with Ferrovie for sale of TRAINOSE
The Hellenic Republic Asset Development Fund (HRADF) said on Wednesday it has signed the share purchase agreement for the sale of 100 percent in TRAINOSE (operation and management of railway activities) to the Italian Ferrovie Dello Stato Italiane for a consideration of 45 million euros.
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PPC general meeting approves unbundling of ADMIE
The Public Power Corporation (PPC) held an Extraordinary General Meeting (EGM) on Tuesday that approved the unbundling of the Independent Power Transmission Operator (ADMIE), which is fully owned by PPC.
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Government seeks to appease banks over ADMIE privatisation
In a letter sent by the four systemic Greek banks to Finance Minister Euclid Tsakalotos on January 11, but revealed by the Greek media on Friday, they expressed their serious concerns about the privatisation process of the Independent Power Transmission Operator (ADMIE).
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Review talks continue in Athens in shadow of pension benefit row
Discussions between the Greek ministers and the institutions’ mission chiefs resumed on Wednesday in the wake of the European Stability Mechanism (ESM) decision to put on hold the implementation of short-term debt relief measures until the institutions complete the examination of Greek government’s plan to pay out a bonus to pensioners.
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Greece and creditors feel their way into new round of talks in Athens
The third round of discussions between the institutions’ mission chiefs and Greek ministers in the context of the second programme review kicked off on Tuesday with an introductory meeting.
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The key elements of the draft agreement between Greece and lenders
During the second round of meetings between the institutions’ mission chiefs and the Greek government, a draft supplemental memorandum of understanding (sMoU) was prepared.
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Collapse of DESFA tender adds to Greece’s privatisation challenges
The Energy Ministry confirmed via a press release issued on Wednesday afternoon that the privatisation process of the Hellenic Gas Transmission System Operator (DESFA) has been cancelled after the preferred bidder, the Azeri SOCAR, did not extend its letter of guarantee.
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
Finance Minister Euclid Tsakalotos tabled in Parliament on Monday afternoon the 2017 budget detailing the government’s fiscal and macro estimates for 2016 and 2017.