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TAIPED

OPAP's Bidder Has Some Questions

The Greek-Czech group Emma Delta, which has bid 652 million euros ($847.06 million) for a 33 percent state in the Greek gambling monopoly OPAP is quibbling with the country's privatization agency TAIPED over some of the terms. OPAP has left...

TAP Gas Through Greece to EU

The Trans-Adriatic Pipeline (TAP) is set to be announced by the Shah Deniz consortium - BP, Azeri state oil company SOCAR and France’s Total -  on June 28 as the winner to carry Azerbaijan’s gas via Greece and Albania...

OPAP's Privatization Hits A Snag

Already setback by the failure to get any bids for its state gas company during a privatization push, Greece now has run into a roadblock over last month's sale of a 33 percent stake in the gambling monopoly OPAP...

No Interest, Greece Starts DEPA Bid Anew

After failing to get a single bidder for its natural gas company DEPA as part of a lagging privatization effort, Greece is going to relaunch the tender process again in hopes someone will have some interest, Deputy Energy Minister...

Greek Privatization Plans Hit Snags

Despite the recent sale of a 33 percent stake in the gambling monopoly OPAP and the burgeoning sell-off of state gas companies, Greece's privatization effort is still far behind plans insisted upon by international lenders. Stelios Stauridis, President of TAIPED,...

Greeces Hopes OPAP Sale Speeds Privatizations

Greece Prime Minister Antonis Samaras said the sale of gambling monopoly OPAP shows that Greece is serious about making reforms as a condition of rescue aid.  The deal, which will give Czech-Greek consortium Emma Delta a 33 percent stake...

Germans Hesitant to Invest in Greece

The economic situation in Greece, along with the prospects and opportunities for foreign investors, were the benchmarking topics of the workshop in the Chamber of Commerce and Industry in Munich. The Deputy Minister for Development Notis Mitarakis and the Chairman...

Sweet Deal For OPAP: $937.8M

Greece has sold its 33 percent stake in the gambling monopoly OPAP to a Czech-Greek consortium, Emma Delta, in a deal that will bring in 712 million euros ($937.8 million) some 30 million euros ($39.4 million) higher than...

Greece Launches Six Tenders for Marinas

Privatization agency of Greece (TAIPED) will launch six international tenders for Greek marinas by June to boost yacht tourism, it was announced on March 28, at a joint press conference of the agency and the Greek Tourism Ministry. The tender...

IMF Demands More Firings, Benefit Cuts

Just days after authorizing release of a $4.52 billion loan, the International Monetary Fund, one of Greece’s Troika of lenders, is insisting on more public layoffs as well as cuts in benefits for the unemployed and families with children,...