Aris Xenofos

The chairman of Greece's privatisation agency will step down later this week after his three-year term came to an end last month, the agency said on Monday.

Aris Xenofos, who took on the job in 2017, has overseen a number of major privatisations, including extending a concession for the operation of Greece's largest airport, Athens International Airport.

The 57.5-million-euro concession agreement to use and exploit the marina of Alimos, in southern Athens, for a duration of 40 years was signed on Wednesday with Aktor Concessions.

The value of the agreement amounts to at least 177 million euros, including an up-front fee, an annual concession fee and a revenue-sharing expressed as a percentage of the marina's annual turnover.

Greece's privatization agency TAIPED is planning a series of selloffs over and beyond the scheduled sale of 30 percent of the firm managing the capital's international airport and of 100 percent of gas distribution network DEPA Infrastructure in  order for the government to achieve the target set by international creditors of 2.4 billion euros, TAIPED's executive president Aris Xenofos has said

Greece will shortlist investors for a minority stake in Athens International Airport (AIA) next month, the head of the country's privatization agency said on Thursday.

Greece holds a 55 percent stake in the airport and 10 investment schemes submitted expressions of interest for the 30 percent stake on sale in October.

Privatizations will speed up in the first half of the year, although we have entered an election period and the pace is expected to slow, Aris Xenofos, who heads the TAIPED sell-off fund, told the Athens Energy Forum on Monday.

Aris Xenofos, the chairman of state sell-off fund TAIPED, stated on Tuesday that the process for the utilization of four regional ports that rely on the Egnatia Odos highway could start before the end of the year. Also on Tuesday the government belatedly launched the process for the utilization of a total of 10 regional ports, including the four mentioned by Xenofos.

Greece's privatization agency will proceed with a tender to sell a 30 percent stake in Athens International Airport (AIA) early next year, its head said on Wednesday.

The TAIPED privatization agency holds a 30 percent stake in the airport, with the government owning another 25 percent.

The rest is held by German-based airport manager AviAlliance and Greek group Copelouzos.

Progress in key privatizations by June will determine whether Greece will meet its bailout target to raise 2 billion euros ($2.45 billion) from state asset sales this year, the head of the country's privatisation agency (TAIPED) said on Wednesday.

Greece's target of 2 billion euros in privatization revenues this year is high but can be met, the chairman of the country's privatizations agency TAIPED said on Friday.

Greece's third bailout ends in August and it has agreed with its international lenders to raise 3 billion euros by 2019 from state asset sales.

State sell-off fund TAIPED will on Tuesday present the Shipping Ministry with the prospects of the concession of the infrastructure of 10 regional ports with international interest to private investors.