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TAIPED

TAIPED is Going Ahead with the Sale of Four More Properties Abroad

TAIPED is going ahead with the sale of four more properties abroad – in Italy, Germany, Serbia and Slovenia – and is currently in the process of hiring an independent property surveyor to have them valued. The other properties are...

The 33% Stake of OPAP to Emma Delta

The Hellenic Republic Asset Development Fund (TAIPED) transferred today, after having secured all necessary approvals, a 33% stake in OPAP to the Emma Delta fund. The Emma Delta had clinched a deal with the Hellenic Republic Development Fund S.A...

Athens Announces Tender for Thermal springs

The Hellenic Republic Asset Development Fund (TAIPED) has launched a public tender for investors to submit an expression of interest for four thermal springs in the regional unit of Fthiotida. According to TAIPED, as Greek Travel Pages (GTP) website reports,...

Greece Won't Cede Privatization

Shooting down a suggestion from the country's international lenders that the country's lagging privatization program be put into the hands of a private, foreign agency to get it going, Greek Prime Minister Antonis Samaras categorically ruled it out. That...

Ousted TAIPED Chief Strikes Back

A day after being forced to resign as head of Greece's privatization agency TAIPED because he'd taken a ride on the private jet of a businessman buying the state gambling monopoly OPAP, Stelios Stavridis said he had done nothing...

Stournaras Forces Out TAIPED Chief Stavridis

Greek Finance Minister Yannis Stournaras on Aug. 18 forced the resignation of the head of the Hellenic Republic Asset Development Fund (TAIPED) Stelios Stavridis, who is overseeing a lagging privatization effort that has been a major disappointment in raising...

OPAP Deal Finally Concluded

After much wrangling and doubt whether the deal would go through, Greece has signed a 652-million euro ($867.95 million) agreement to sell off 33 percent of  the state-controlled gambling monopoly firm OPAP to the Greek-Czech investment consortium Emma Delta. It...

OPAP Privatization Faces Court Challenge

With its sale of a stake in the state gambling monopoly OPAP to a Greek-Czech consortium unraveling over bickering over some of the details, the Greek government is now facing another challenge from the Remote Gambling Association (RGA) which...

Tsipras Wants Regime Change in Greece

Sticking to his mantra of blaming the coalition government of Prime Minister and New Democracy Conservative leader Antonis Samaras, who has the support of PASOK Socialist leader Evangelos Venizelos, the head of the major opposition Coalition of the Radical...

OPAP's Sale Uncertain, Bidder Objects

The only real success in Greece's privatization program, the sale of its stake in the gambling monopoly OPAP, is starting to unravel. Emma Delta, which won the bid said it won't accept conditions that bind it with the providers of...