Leading Children’s Hospital in Greece to Be Privatized
The Greek government has announced plans for the privatization of a leading children's hospital in its frenzy to privatize public assets and outsource services through public-private partnerships and contractors. "Agia Sophia" Children's Oncology Unit will become a legal entity under...
Water Supplier Privatization Might Be Next in Greece
The Greek government has introduced a bill that could pave the way to the privatization of the water supply in Greece. The bill was introduced with limited public consultation this week, days before the date of the general elections is...
Greece Cancels Alexandroupolis Port Sale
On Monday, Greece announced it is canceling the tender for the privatization of the port of Alexandroupolis due to its elevated geostrategic importance. Prime Minister Kyriakos Mitsotakis said the port in northern Greece near the border of Turkey will remain...
Greece Sells 49% of Public Power Corporation HEDNO to Australian Company
Hellenic Electricity Distribution Network Operator (HEDNO) has sold 49% of its stake to Australia’s Macquarie Infrastructure and Real Assets Group
Greece Launches Sale of Gas Distribution Network
Greece has launched the sale of gas distribution network DEPA Infrastructure, with the state and Hellenic Petroleum both selling their stakes in the jointly-owned operation, the country’s privatization agency said on Monday. The announcement was made during the 21st Annual...
Athens Airport Has Ten Potential Bidders for a 30% Stake
Greece’s privatization agency announced on Tuesday that ten investment consortia have submitted expressions of interest for a 30 percent stake in Athens' Eleftherios Venizelos International Airport (AIA). The nation of Greece holds a 55 percent stake in the airport. Germany-based...
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 Republic Asset Development Fund (HRADF), also known as TAIPED, is expected to launch tenders for...
Greece's Privatization Fund Grants 20-Year Extension To Athens' Airport Concession
The Athens International Airport El. Venizelos was granted a twenty-year extension to its concession agreement with the Hellenic Republic Asset Development Fund worth a total of €1.115 billion ($1.301 billion). The concession currently expiring in 2026, will run to 2046 following...
Workers at Hellenic Petroleum Protest Privatization
On Monday, Greece's attempt to seal the deal in the privatization of Hellenic Petroleum was prevented by workers at the facilities who walked off the job for four hours to picket the entrance-way. Workers at Hellenic Petroleum managed to physically...
Greece to Sell Majority Stake in Gas Company
On Monday Greece's privatization agency (HRADF) announced that the country has come to an agreement with its foreign creditors on how to proceed with the privatization plan of the gas company DEPA by launching a tender in November to...