Greece
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privatizations

Varoufakis: An Agreement Will Be Achieved and the Situation Will Stabilize

Resolving the non-performing loan problem of Greek banks will require Europe's intervention, Greek Finance Minister Yanis Varoufakis said on Tuesday at a banking forum in Athens, Greece, organized by the Hellenic Management Association (EEDE), adding that the issue is...

Greek Govt Work Coordination Minister: Water and Energy Not for Sale

Greek Government Work Coordination Minister Alekos Flabouraris stated that energy and water will never be privatized in Greece. In an interview to Greek radio, Flabouraris said that the Public Power Corporation (PPC) will not be privatized and the same applies to the...

Greek FinMin: We Won't Recall Privatizations due to be Completed

Greek Finance Minister Yanis Varoufakis appeared reassuring that the SYRIZA-led government does not intent to recall privatizations that are close to be complete, while he characterized the Chinese colossal shipping and logistics company Cosco investment in the Port of Piraeus as...

New Democracy and 'To Potami' Slam New Greek Government

Greek main opposition New Democracy (ND) spokesman Costas Karagounis on Tuesday commented on the composition of the new cabinet unveiled by Greece's Prime Minister Alexis Tsipras, welcoming its relatively small size of 40 ministers but expressing "deep concern" about...

Protesters Attack MP Pavlopoulos

There was tension outside the Parliament when the employees of the mining and metallurgical company LARKO, who were having a protest rally, saw New Democracy MP Prokopis Pavlopoulos. The protesters started shouting “thieves, thieves” and some of them threw bottles...

Hatzidakis Blames Manitakis For ERT Shutdown

In an interview withthe German newspaper Die Welt, the Minister for Development & Competitiveness Kostis Hatzidakis indirectly accused former Interior Minister Antonis Manitakis for the state public broadcaster ERT’s closing down, even though Manitakis had opposed it. “Given the fact...

EU Says It’s Greece Keeping Privatization Values Secret

European Commissioner for Economic and Monetary Affairs, Olli Rehn, said that the estimated value of state-owned properties and entities in Greece that are going to be put up for sale or lease as part of a massive privatization plan...