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Tag Archives: sell

Greece bans sale of durable goods at supermarkets during lockdown

Supermarkets are prohibited from selling durable goods likes books, toys, clothing, footwear, electric and electronic equipment for as long as restrictions on normal retail activity are in place, the Development Ministry said on Tuesday and Minister Adonis Georgiadis signed the relevant ministerial decision. The selling ban reportedly goes in force …

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Greece to split gas distribution grind DEPA, sell 65% stake

Greece plans to spin off the distribution grid and commercial operations of majority-state owned natural gas company DEPA and to sell its 65% stake in the two new firms, its deputy energy minister said on Thursday. The conservative government, which came to power in July, wants to speed up privatizations …

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Is Greece loosing battle against Albanian herbs plunderers?

Groups of Albanian herb-pickers illegally enter North Greece and plunder vast quantities of herbs which they carry back home on mules and sell them for a tidy profit in European markets. They cause not only damage to the local economy but also to the eco-system. After seeing its best minds …

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Gov’t sells performing loans of civil servants worth €5mn to foreign fund

The Greek government has sold to foreign funds mortgages held by civil servants worth more than 5 million euros. According to an exclusive report by daily Eleftheros Typos, the loans were sold to a foreign fund called ‘Grifonas Finance No1 PLC’ based in London. Borrowers now owe to the foreign …

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Bloomberg: Hochtief to sell stake at Athens Airport

“Hochtief AG, Germany’s largest builder, is reviving the sale of  six of  its airport-operating business and has invited potential buyers to submit offers, according to three people familiar with the matter, ” Bloomberg reported on Thursday. The German company plans to sell its stakes in the airports of Athens, Hamburg, …

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Greek PM: We don’t sell our islands!

Greek Prime Minister George Papandreou stressed that Greece will not sell any of its islands to reduce the country’s debt, according to Reuters. “Anything like that is ruled out,” Papandreou told German newspaper Bild, when asked about selling islands.  “You΄ve simply got to understand how important these islands are for …

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