Government “gives away” DEH and EYDAP to Greece’s lenders

23 September 2016
675 Views

A new multi- bill featuring some of the so-called prior actions that Greece must implement to unlock the next tranche of 2.8 billion Euros in rescue loans is expected to be submitted to the Parliament on Friday. The measures of the bill that will be debated over the next days before going to a vote on Tuesday include between others, the liberalization of the electricity market and the inclusion of a series of state organizations in Greece’s privatization portfolio.

The state assets that will be privatized are the Public Power Corporation, the Athens Water and Sewage Company (EYDAP), the Thessaloniki Water and Sewerage Company (EYATH), the Hellenic Vehicle Industry (ELBO), Attiko Metro and Buildings’ Infrastructures SA.

The Hellenic Aerospace Industry (EAB) was on the original list but the government removed it, citing state security.
The state-run power grid operator ADMIE was also on the list but the process for its privatization will be done gradually, according to government sources.

Athens is keen to wrap up its second bailout review and start talks with creditors on debt relief.

You may be interested

Mitsotakis to FT: No Troika-like conditions for aid via EU Rehabilitation Fund
FINANCE
shares11 views
FINANCE
shares11 views

Mitsotakis to FT: No Troika-like conditions for aid via EU Rehabilitation Fund

Panos - Jul 06, 2020

PM Kyroiakos Mitsitakis made it clear in an interview to Financial Times that his government would not accept any strict…

Weather forecast: Clouds, rain
GREECE
shares10 views
GREECE
shares10 views

Weather forecast: Clouds, rain

Panos - Jul 06, 2020

Unsettled weather and northerly winds are forecast for Monday. Wind velocity will reach 6 on the Beaufort scale. Clouds, scattered…

Alternate Foreign Minister Varvitsiotis: Significant tension between Greece and Turkey if Hagia Sophia turned into Mosque
GREECE
shares49 views
GREECE
shares49 views

Alternate Foreign Minister Varvitsiotis: Significant tension between Greece and Turkey if Hagia Sophia turned into Mosque

Panos - Jul 03, 2020

Α possible Turkish government’s decision turning Hagia Sophia into a mosque would signal a significant tension in the Greek-Turkish relations…

Leave a Comment

Your email address will not be published.