Privatisation
Economy
S&P Keeps Greece at B+ Rating
Expectations for the upgrading of Greece by Standard & Poor's (S & P) were not confirmed, as the rating agency kept Greece at a B+ rating.
Although, the Greek market and the investment community anticipated an upgrading, S & P...
Greece
Meeting Decides Against Giving Egnatia Highway to New Privatisation Fund
The Egnatia toll road spanning northern Greece will not be given to the new Privatisation Fund that is to be set up in Greece, a meeting held at the government's headquarters decided. The meeting, attended by ministers and Egnatia...
Economy
Court of Audit Gives All-Clear to TRAINOSE Privatization, Sources Say
The Court of Audit has given the all-clear to proposed privatization of the Greek trains operator TRAINOSE, sources within the Hellenic Republic Asset Development Fund (HRADF) said on Monday.
According to the sources, the terms set by the Court of...
Economy
Tsakalotos, Stathakis Meet with Bank Managers Over ADMIE Sale
The actions needed to ensure the timely conclusion of the privatisation of the country's power grid operator ADMIE were discussed in a meeting between Finance Minister Euclid Tsakalotos, Environment and Energy Minister Giorgos Stathakis, along with the management of Greece’s...
Economy
Draft Bill on Prior Actions Needed for 1-bln-euro Bailout Tranche Tabled in Parliament
A draft omnibus bill legislating for the prior actions and milestones Greece must implement in exchange for a 1.0-billion-euro tranche of bailout loans has been tabled in Greek Parliament, following an agreement reached with Greece's creditors late last week.
The...
Economy
Samaras Criticizes Government for Stance on Airport Privatization
Former Prime Minister Antonis Samaras criticized the Greek government harshly for having accused his then-government of “selling out” on the issue of privatizations by trying to sell some of Greece's regional airports, when current premier Alexis Tsipras is now...
Greece
SYRIZA Leads New Poll; Support for Euro at 71%
Greek Prime Minister Alexis Tsipras and the ruling coalition's leading party SYRIZA retained a clear lead over the opposition, according to a poll conducted by Public Issue and published in the Sunday edition of the newspaper "Avgi".
Estimated voter support...
Economy
Greek Economy Minister: Deal Soon for Greece
An agreement with the lenders is expected to be reached in the Holy Week, Greek Economy Minister George Stathakis told SKAI TV on Wednesday.
"I take it for granted that the agreement will close soon and will lead to the disbursement of...
Economy
Greek Govt Expects 3.7 Bln Euros in Revenues from Reforms Package
The Greek government expects 3.7 billion euros of revenues from the introduction of a reforms package currently discussed with the country’s creditors in the Brussels Group.
The reforms include, among others, the introduction of taxes on Greek citizens’ deposits abroad –...
Economy
China Expresses Concern Over Greek Gov't Plans to Halt Piraeus Port Privatization
China’s Commerce ministry expressed its concerns over the Greek government's intention to halt the privatization of Piraeus Port Authority, which China’s COSCO group had bid for.
“We were informed by press reports that the new Greek government on January 28,...