Water supply and sanitation in Greece

Numerous projects in TAIPED's business plan

The business plan of state sell-off fund TAIPED, as approved by the inner cabinet, provides for the sale of the state's energy holdings in Public Power Corporation, Hellenic Petroleum and Public Gas Corporation, along with the concession of minority stakes in the Athens and Thessaloniki water companies (EYDAP and EYATH).

TAIPED seeks consultant for EYDAP, EYATH stakes

Greece's privatization agency, TAIPED, said on Wednesday it was seeking a financial adviser for the sale of minority stakes in two water utilities.

Under its international bailout agreement, Greece must sell an 11 percent stake in Athens Water Supply & Sewerage SA (EYDAP) and a 23 percent stake in Thessaloniki Water Supply & Sewerage SA (EYATH).

[Reuters]

Gov't dragging its feet on state company utilization

The government is keen to keep a tight grip on state corporations, which is why the transfer of such companies to the new hyperfund for state asset utilization, officially titled Hellenic Holdings and Properties Company SA, has been allowed to drag on. The transfers are a part of the framework of the second review of the third Greek bailout program.

Pages