Greece
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TAIPED

Monday's Euro Working Group to Decide on Greece's Loan Tranche

The Greek government is rushing to close all pending bailout program prerequisites until Monday, when the Euro Working Group will decide whether to give the green light for the disbursement of the much-needed  loan tranche. In addition the completion of...

Dockworkers Decide to Proceed with Ongoing 48-hour Strikes

The Dockworkers' Union has decided to continue their ongoing 48-hour strikes that they have decided since last Thursday and are calling all dockworkers to participate in the demonstration on May 31st at 10 a.m. in Kafthmonos Square. As the dock workers...

War of Words in Plenary Session Over New Multi-Bill Related to Austerity Measures

The plenary session for the voting of the multi-bill regarding the latest austerity measures, was hostile to say the least, the plenary session started this morning and will carry on through Sunday. The government led ANEL-SYRIZA party and opposition party, New Democracy are ready...

TAIPED Director Meets With Global Representatives

  The Director of the Hellenic Republic Asset Development Fund (TAIPED), Stergios Pitsiorlas, met with 29 representatives from 24 foreign embassies and offices in Greece on Friday April 22. The informative meeting took place after an initiative by the Canadian Embassy,...

Fraport Promises 20,000 Jobs in Greece's Regional Airports

The Fraport-Copelouzos consortium that took over 14 regional airports in Greece promised 20,000 jobs at the presentation of Fraport Greece on Monday. The German-Greek investment deal was signed in December as part of a series of privatizations carried out by...

Greek Bailouts: The Sale of a Nation and the Death of Democracy

When the European Union (EU) and the International Monetary Fund (IMF) came to Greece's rescue in May 2010 with a 110 billion euro bailout loan in order to avoid the default of a eurozone member state (a second bailout...

New Charges Against TAIPED for Εmbezzlement

The former administrative members of the Hellenic Republic Asset Development Fund (TAIPED) are being prosecuted with charges for embezzlement from the Public Sector, regarding interest that was never paid back to the Sector after selling OPAP and Emma Delta. According...

State-Owned Myκonos Hotel Up for Sale

Privatization fund TAIPED has seen major interest in the sale of a Mykonos hotel controlled by the Greek state, a Kathimerini daily report says. The sale of the Leto Hotel in Mykonos appears to have attracted the interest of at...

67% of Piraeus Port Authority Goes to Cosco

Cosco will now own 67% of the Piraeus Port Authority (OLP), as the Hellenic Republic Asset Development Fund (TAIPED) unanimously declared the company as a Preferred Investor for acquiring the aforementioned percentage of stocks. After examining the typical forms as...

Cosco Reportedly the Sole Bidder For Piraeus Port Authority Stake

The race for a controlling a stake in the Piraeus Port Authority (OLP) may not be that much of race after all. Cosco Pacific is the only country to have made an offer for 51% of OLP on Monday, Kathimerini newspaper reported. The company already...