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Greek Railways Set To Be Sold Off

Under pressure from international lenders to speed the pace of privatization, the Greek government said the tender for the sale of a 100 percent...

No VAT For Shipping Through Piraeus

Hoping to kick start investor interest and lure more business, Greece will exempt big companies that ship products to Greece and use the port...

Hewlett-Packard Picks Piraeus as Transit Center

The Greek Development Ministry has confirmed a provisional agreement recently signed between Cosco and Hewlett-Packard (HP) for the use of Dock II in Piraeus,...

Former Greek Railways Officials Charged With Embezzlement

ATHENS – Thirteen former executives of Greece’s money-bleeding Hellenic Railways (OSE,) one of the companies the coalition government led by New Democracy Prime Minister...

Staff Shortages In OSE, Despite Redundancy

There is a contradiction in Hellenic Railways (OSE) as approximately 2,500 employees are considered redundant, while train traffic directors report staff shortages. A great part...

Government Finalizes Privatization List

The Greek government will proceed with the acceleration of the privatization of state property and companies, setting a target of at least €15bn by...

Greece Accelerates Real Estate & Asset Privatizations

Greece will speed up its privatization of real estate and other assets, the Finance Ministry said Thursday.  This follows a decision by the Interministerial Privatization...

Government Proceeds with Privatization Program

Starting today, Greek government proceeds with the implementation of its privatization program regarding the sale of government stakes in banks, as well as of...

Greece Will Sell Stakes In State Companies

The Finance Ministry stated on Thursday that Greece will sell stakes in state run companies this year in the 2011 budget,  as reported by AFP. The...