Tag Archives: TAIPED

The government is using the Hellenic Republic Asset Development Fund (TAIPED) as “a Trojan horse” to hand over state assets to private interests, the leader of Movement for Change (KINAL) leader Fofi Gennimata said on Tuesday. The party leader said she is referring to the 2003 shareholders’ agreement for Hellenic …

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Greece has privatized state assets worth over 8 billion euros from 2011 to the date, Executive President of Greek Privatization Fund TAIPED (HRADF) Aris Xenofos said on Tuesday. In an effort to sweeten the bitter pill of stripping the country off its assets by the creditors’ orders, Xenofos added that …

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Greece has had to postpone the signing of a deal to sell a majority stake in its second-biggest port after the Russian guarantor bank, Promsvyazbank, was placed under temporary administration and was practically nationalized by the Centrla Bank of Russia. Odd that the US Ambassador to Athens had criticized the …

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Greece bowed to Spanish blackmail and granted immunity to three former members of the country’s privatization agency. Right after the Eurogroup agreement last week, Spanish Finance Minister Luis de Guintos had threatened to block the disbursement of 8.5 billion euro bailout tranche, if the ex HRADF members would not be …

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The Eurogroup may block an 8.5-billion-euro credit lifeline to Greece if the country does not grant immunity to privatisation agency officials from Spain, Italy and Slovakia, Spanish Economy Minister Luis de Guindos said on Friday. In 2015, a Greek prosecutor charged three officials at the country’s privatisation agency over a …

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Thousands of hectares across the “Athens Riviera”, the Attica coast line from Cape Sounion in the East to Marina Zeas in the West have been transferred to the Hellenic Republic Asset Development Fund – Greek Privatization Agency (TAIPED) on Tuesday.The transfer of the Attica coastline to TAIPED was signed by …

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Greece’s Council of State blocked the transfer of part of Athens Water Company stakes to Privatization Agency (TAIPED).  In clear words, this decision prohibits the privatization of Athens Water Company (ΕΥΔΑΠ) and mosτ possible also the upcoming privatization of 51% of the stakes of Thessaloniki Water company (EYAΔ). The Council …

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The board of Greece’s privatization agency TAIPED unanimously declared LAMDA Development SA as preferred investor for the acquisition of 100% of the shares of the former Athens airport Elliniko SA. TAIPED confirms Lamda as preferred Elliniko bidder Greece has picked Lamda Development, backed by Chinese and Arab funds, to develop …

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While George Papaconstantinou still enjoys family vacations in the Netherlands, coalition government and opposition parties clash with each other in Athens on the perspectives of the probe against the former finance minister. On Monday, the last day of 2012, a government proposal signed by 71 MPs was submitted to the Parliament. A proposal …

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 Fourty uninhabited islands are ready to be leased to local or foreign investors, for up to 50 years. Greece is under pressure to fill state registers and targets revenues of 50 billion euro until 2020.  Through the leasing of these islands that “offer good terrain, are close to the mainland …

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