privatization Archives - Page 3 of 3

Gov’t threatens PPC-unionists with ‘mobilization’ should they cause “black out”

July 1, 2014 Society Comments Off on Gov’t threatens PPC-unionists with ‘mobilization’ should they cause “black out”

Greek government is determined to prohibit black outs as the unionist of Greek Public Power Company threaten to turn off the electricity, if the government proceeds with the sale of 30% of PPC to private investors. The unionists claim that the sale of so-called “little DEH” will alternate the ‘public …

TIME: Can Privatization Save the Treasures of Ancient Greece?

January 19, 2014 Culture 5

A frustrated American archaeologist has a ban breaking proposal: to privatize Greece’s ancient treasures in order to protect them form the economic crisis. According to TIME, Stephen Miller sent a detailed proposal to the Greek Culture Ministry and suggested private companies take over the development, promotion and security of certain …

Thessaloniki: “Samaras, Venizelos” hand out money to protesters

January 17, 2014 Society Comments Off on Thessaloniki: “Samaras, Venizelos” hand out money to protesters

Two citizens found an original way to protest the upcoming privatization of the Water Company in Thessaloniki, Northern Greece. Wearing masks of prime minister Antonis Samaras and deputy prime minister Evangelos Venizelos they started to distribute fake euro bank notes. photo: thestival.gr With main slogan “Save the Water” several people …

Greece’s gas privatization DEPA-GAZPROM receives heavy blow: reasons not quite known…

June 10, 2013 Economy 1

Greece received a heavy blow in its privatization ambitions on Monday as key player Gazprom did not make the expected biding offer for the state-owned Public Gas Corporation DEPA. Also M&M of Motor Oil & Mytilinaios did not make their non-biding offer. Moreover only one bid was received for Greece’s …

Someone, give Greek FinMin a glass of water, please! Now that it’s still cheap…

May 28, 2013 Economy, Politics Comments Off on Someone, give Greek FinMin a glass of water, please! Now that it’s still cheap…

Not really. Yiannis Stournaras, Greece’s finance minister was speaking at the Parliament. He spoke and spoke … words and number were shot from his mouth and eventually he got thirsty. Much to his surprised, the parliament staff had not put a glass of water in front of the eloquent speaker. …

Greek privatizations: Distressed fund manager buys property for € 27.4 million

April 4, 2013 Economy 2

The “Hellenic Republic Asset Development Fund” sold four properties owned by the Greek state. The properties located in Great Britain, Cyprus, Belgium and Yugoslavia were sold for a total of 41 million euro. The amount is 13.6% higher than the starting prices. According to Greek media citing HRADF the properties were …

Greek FinMin: Delay of 6th Aid Tranche & PSI, Will Delay Elections Too

November 22, 2011 Economy Comments Off on Greek FinMin: Delay of 6th Aid Tranche & PSI, Will Delay Elections Too

Delaying in the release of the sixth aid tranche and the PSI negotiations will delay the elections as well, Greek Finance Minister Evangelos Venizelos told the parliamentary economic committee of PASOK. “February 19th is a ‘conventional’ date” stressed Venizelos. The new transition coalition government partners had agreed on early election to …

Greek FinMin’s plans for wages cuts in state-run enterprises DEKO

April 12, 2011 Economy Comments Off on Greek FinMin’s plans for wages cuts in state-run enterprises DEKO

New wages and benefits cuts and possible lay offs are on the way as the Greek government prepares a thorough spending recostruction plan for the state-run public enterprises DEKO. Greece’s lenders IMF/EU/ECB have put the knife in Athens neck and demanded immediate intervesions in order to raise at least 2.5-3 billion euros. The plans …

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