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Greece Sells Majority Stake of Public Power Corporation

Greece's Public Power Corporation (PPC) is expected to complete a share capital increase plan worth around 750 million euros by early November, following a...

Greece to Begin Procedures to Privatize Ten Regional Ports

The Greek government has launched the necessary legal procedures for the further commercial development of ten large regional ports in the country, according to...

Greece to Offer Lease of Mykonos, Rhodes Marinas

Greece announced on Wednesday that it would be announcing tenders for the long-term lease of marinas on the islands of Mykonos and Rhodes. The Hellenic...

Greek Archaeologists Claim Government Plans Selling Historical Sites

The Greek Ministry of Culture dismissed on Thursday allegations by archaeologists that a series of archaeological sites are to be privatized. In a statement it...

Greek State Wraps Up Sale of Thessaloniki Port

Greece's second-largest port has been sold off to a German-led group in a deal with €1.1 billion ($1.3 billion). Friday's deal is the culmination of...

Deutsche Telekom Acquires Remaining 5 Percent Stake in Greece's OTE

The Hellenic Republic Asset Development Fund (HRADF) announced on Wednesday that Deutsche Telekom AG acquired the remaining five-percent stake in Greece’s biggest telecom operator,...