Greek privatization

Although delayed for a few days, the announcement concerning the privatization of the Thessaloniki port came late on Thursday, by the country's liquidation fund. The Hellenic Republic Asset Development Fund has announced the sale of its 67% stake in Thessaloniki...

A number of Greek domestic flights are expected to be cancelled on Friday due to a 24-hour strike announced by the Federation of Civil Aviation Authority Unions (OSYPA). The strike was announced on the occasion of the Council of State...

Residents of Greece's Ionian islands will be called to vote in a referendum, following a proposal by Provincial Governor Theodoros Galiatsatos on August 29. The referendum question will be about the Greek government's decision to continue with the country's airport...

The first privatization of the SYRIZA-ANEL coalition government is not finalized yet as German company Fraport, which has agreed to take over operations of 14 regional airports, now asks for guarantees, claiming political instability concerns. Fraport claims it has difficulty raising investment funding...

Following the finalization of the third Greek bailout, privatizations and operation takeovers of Greek pubic assets are expected to recommence. Greek newspaper "Kathimerini" reported that German Fraport AG and Slentel Ltd will soon complete the takeover of the operation of 14 Greek airports. The...

As Greece's brilliant 300 lawmakers cross swords --and humongous lies-- in parliament over the voting of the new bailout agreement draft, Greek media try to outdo one another in telling Greek people how terrible and destructive the new required measures and...

The Greek government and the Hellenic Republic Asset Development Fund (HRADF) will announce the dates for the tenders of Greece's two main ports in the next two weeks. According to Greek government sources, the country’s privatization agency will soon...

Greek Productive Reconstruction, Environment and Energy Minister Panos Skourletis ruled out the privatization of Greece's Independent Power Transmission Operator (ADMIE) and stressed that the company will remain under state control, ensuring equal access to all energy producers. Negotiations between Skourletis'...

The International Monetary Fund's targets and expectations from privatizations in Greece are unrealistically high, Austrian Federal Railways (OBB) head Christian Kern said in an interview to local monthly magazine Trend, published on Monday. Taking the Greek railway's privatization plan as an example, Kern...

"Europe's problem is not the cursed left party. It is the European intransigence that is leading the negotiation to a deadlock and not the supposedly obsolete obsessions of our country. There are many and powerful circles in the EU...