Privatization
Hyperfund to focus on making state corporations more efficient
The strategic plan of the Hellenic Corporation of Assets and Participations (EESYP) shifts its emphasis to the utilization of the state's real estate assets and to the holdings in state corporations recently conceded to EESYP, the so-called "privatizations hyperfund."
Greece says progress in asset sales by June will decide if 2018 target feasible
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.
Privatization process must be revamped
Greece has been missing the targets for privatization revenues ever since it first sought a bailout from the eurozone and the International Monetary Fund in 2010. It will likely continue to do so this year and next unless the process is rethought.
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TAIPED chief: Sell-offs target 'high but feasible'
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.
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Greece concludes sale of 67 percent stake in Thessaloniki Port
Greece concluded the sale of 67 percent stake in Thessaloniki port, the country's second-largest, to a German-led consortium, its privatizations agency said on Friday.
ELPE concession project reaches final stages
Preparations for the privatization of Hellenic Petroleum (ELPE) are at an advanced stage, with the two main stakeholders - the Greek state and Paneuropean - having agreed on the stakes they will concede to the strategic investor and exchanged proposals for the shareholder agreement.
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Water utility stakes return to the state
The Greek state is reclaiming its majority stakes in the Athens and Thessaloniki water companies, as the government has revoked the decision by the ministerial committee for privatizations handing its shares to sell-off fund TAIPED.
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Greece won't renege on privatizations after bailout ends, says state fund CEO
Greece won't backtrack on its privatization plan after its bailout ends and expects state companies to submit plans by April to make themselves more competitive, the head of its state assets fund said.
Elliniko holds key to takings from sell-offs
The Elliniko development project is again key to the privatizations program's revenues projections, this time for 2018.
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Privatization projects in northern Greece will boost local economy
The state is speeding up the process for the integrated use and upgrading of the key transport infrastructures in northern Greece, as sell-off fund TAIPED is aiming to quickly wrap up the privatization of Thessaloniki Port Authority (OLTH) by mid-March, as well as to enter the second stage of the tender for the Egnatia Odos highway and start the process for the concession of the port authoritie