TAIPED
Business
Qatar Gives Up on Hellenikon Bid
Just as Greek Prime Minister Antonis Samaras is readying a trip to Qatar as part of a wider plan to attract foreign investors, Qatar has pulled out of the bidding for the development of the site of Athens’s former...
Crime
Former Greek FM Faces Bank List Probe
Facing an investigation into whether he tampered with a list of more than 2,000 Greeks with $1.95 billion in secret accounts in a Swiss bank by removing the names of three relatives, former Greek Finance Minister George Papaconstantinou said...
Economy
Sale of Gas Firms to Fetch Around 1 bln
The privatization project concerning Greece's Public Gas Corporation (DEPA) and DESFA, the country's gas network operator, has drawn major interest and is likely to fetch around 1 billion euros, or even more, judging by the nonbinding offers submitted to...
Economy
Greece To Sell Six Foreign Properties
Greece’s privatization fund has launched tenders for the sale of six buildings abroad, including the Greek Embassy in London.
The Hellenic Republic Asset Development Fund (TAIPED) announced on Dec. 19 that it was accepting bids for properties in London, Nicosia,...
Economy
Greece OK's Revised Bid for Lotteries
After rejecting an earlier offer, Greece’s state privatization fund (TAIPED) has reportedly accepted a better bid from consortium led by the state’s OPAP gambling operation for a license to operate all state lotteries for the next 12 years, although...
Economy
Greece Wants Higher Bid for Lottery
TAIPED, the Greek agency helping oversee privatization of state assets, has rejected a bid for the country's lottery, one of the first expected to bring in sizeable revenues to help reduce the country's staggering debt.
Greece did not accept the...
Business
Fearing Cuts, 45 Bank of Greece Execs Quit
With their pay set to be deeply cut, 45 veteran workers at the Bank of Greece have resigned en masse, illustrating the deep division in the country as the Parliament was set to vote on a $17.45 billion spending...
Economy
Little Work, But Greek Privatization Advisors Paid Millions
As Greece’s privatization board remained mostly dormant from July of 2011 to March of 2012, the government paid its workers and advisors nearly $8.74 million in salaries and expenses, according to data presented to the Parliament.
The monies were paid...
Economy
EU Expert on Greek Privatization Quits Amid Corruption Charges
A Slovakian woman fired from her country’s National Property Fund after she had been placed by the European Union on the Greek privatization board TAIPED has been forced to resign after being caught up in a corruption scandal.
Anna Boubenikova...
Greece
Unused or Illegally Utilized State Buildings Could Earn Billions of Euros if Repossessed
State-owned real estate worth billions of euros is being arbitrarily and illegally used by people or companies without any real authorization to do so, newspaper Kathimerini reported two days ago.
A report by the Hellenic Commission for the Privatization of...