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

23 September 2016
218 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

US Amb Pyatt: The stronger Greece is, the more it can act as a stabilizing force in the region
GREECE
shares38 views
GREECE
shares38 views

US Amb Pyatt: The stronger Greece is, the more it can act as a stabilizing force in the region

makis - Apr 20, 2018

Greece can act as a stabilizing force for good in the wider region and the stronger Greece is, the better…

Kotzias – Dimitrov to meet again on April 25, in Vienna
POLITICS
shares37 views
POLITICS
shares37 views

Kotzias – Dimitrov to meet again on April 25, in Vienna

makis - Apr 20, 2018

According to the FYROM government spokesman, Mile Bosnjakovski who spoke on Friday, there will be a new meeting between the…

Alexandros Stamatiadis dies in hospital
GREECE
shares62 views
GREECE
shares62 views

Alexandros Stamatiadis dies in hospital

makis - Apr 20, 2018

Greek businessman Alexandros Stamatiadis has died after being hospitalised in critical condition for 18 days. The businessman, 52, was shot…

Leave a Comment

Your email address will not be published.