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Negotiations Move Forward for Selling of Greek Ports and Islands

Bloomberg News reveals that senior managers of Hellenic Republic Asset Development Fund met in New York  with American billionaires to negotiate the sale of...

Greek PM's Plane Forced to Land

The Greek Prime Minister, Antonis Samaras along with his associates, were expected to fly to Baku, Azerbaijan, this evening. However his plane showed mechanical...

Greek Privatization, e-Bay Style

Frustrated in efforts to sell off major state enterprises, Greece is turning toward trying to get rid of other properties that can fetch anywhere...

Greece Won't Cede Privatization

Shooting down a suggestion from the country's international lenders that the country's lagging privatization program be put into the hands of a private, foreign...

Greece Puts Railways Up For Bid

Still reeling from setbacks in its lagging privatization program, Greece has invited bids on its notoriously-inefficient and antiquated state-operated railway operator Trainose, the Hellenic...

SOCAR Agrees to Acquire Greek Gas Operator

The State Oil Company of Azerbaijan (SOCAR) announced on Friday that it has reached a principal agreement with Hellenic Republic Assets Development Fund (HRADF/TAIPED)...

EU Says No Role In DEPA Bid

The European Commission didn't play a role in the process that saw Russian giant OAO Gazprom withdraw its bid for Greece's natural-gas monopoly DEPA,...

Samaras Seeks Business From China Trip

Greek Prime Minister Antonis Samaras will take an entourage of nearly 50 business leaders and privatization officials on a trip to China later this...

Greece Strikes Deal To Sell OPAP

After long delays, Greece has finally managed to sell a 33 percent stake in the state-run gambling monopoly OPAP to private investors, but only...