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Greece

TAIPED Director Meets With Global Representatives

  The Director of the Hellenic Republic Asset Development Fund (TAIPED), Stergios Pitsiorlas, met with 29 representatives from 24 foreign embassies and offices in Greece on Friday April 22. The informative meeting took place after an initiative by the Canadian Embassy,...

New Charges Against TAIPED for Εmbezzlement

The former administrative members of the Hellenic Republic Asset Development Fund (TAIPED) are being prosecuted with charges for embezzlement from the Public Sector, regarding interest that was never paid back to the Sector after selling OPAP and Emma Delta. According...

Greek Anarchist Group Allegedly Breaks Into TAIPED Offices

A group of people, who are allegedly members of the "Rouvikonas" Greek anarchist group, broke into the offices of the Hellenic Republic Asset Development Fund (TAIPED) on Monday morning. An online post on the Greek website indymedia.gr, which claims to have...

TAIPED Changes Conditions of the Thessaloniki Port Authority Acquisition

On Thursday, the Hellenic Republic Asset Development Fund (TAIPED) announced a change in the conditions of the ongoing tender process for the acquisition of the majority of the share capital of the Thessaloniki Port Authority in Northern Greece. The tender process for the Thessaloniki Port...

TAIPED Seeks Improved Bid for Ellinikon

Lamda Development has until March 26 to submit an improved bid to renovate the disused site of Ellinikon Airport after authorities rejected the Greek company's initial bid Wednesday. In a second phase, financial consultants Citigroup and Piraeus Bank will work with Happold Consulting as...

TAIPED is Going Ahead with the Sale of Four More Properties Abroad

TAIPED is going ahead with the sale of four more properties abroad – in Italy, Germany, Serbia and Slovenia – and is currently in the process of hiring an independent property surveyor to have them valued. The other properties are...

Ousted TAIPED Chief Strikes Back

A day after being forced to resign as head of Greece's privatization agency TAIPED because he'd taken a ride on the private jet of a businessman buying the state gambling monopoly OPAP, Stelios Stavridis said he had done nothing...

Stournaras Forces Out TAIPED Chief Stavridis

Greek Finance Minister Yannis Stournaras on Aug. 18 forced the resignation of the head of the Hellenic Republic Asset Development Fund (TAIPED) Stelios Stavridis, who is overseeing a lagging privatization effort that has been a major disappointment in raising...

Greece's Little-Known Desert Captured on Drone Video

An arid piece of land in the north-western Peloponnese has been dubbed the "Greek Desert" for its sand dunes and relative lack of vegetation. Located near the village of Vartholomio, the area of Thines has now been offered for sale...

Central Archaeological Council Clears the Way for Investment at Former Athens Airport Site

The Central Archaeological Council (KAS) on Wednesday removed the last obstacles to the re-issue of the joint ministerial decision which will pave the way for investment at the Ellinikon Metropolitan Park by Lamda Development. The decision of the Central Archaeological...

International Bidding Opens for 30 Percent Stake in Athens International Airport

An international bidding procedure has been launched for the sale of a 30 percent stake in Athens Eleftherios Venizelos International Airport SA (AIA), the largest airport in Greece. The country’s privatization agency, TAIPED, stated on Friday that the deadline for...

Greece to Offer Lease of Mykonos, Rhodes Marinas

Greece announced on Wednesday that it would be announcing tenders for the long-term lease of marinas on the islands of Mykonos and Rhodes. The Hellenic Republic Asset Development Fund (HRADF), also known as TAIPED, is expected to launch tenders for...

Greece Gets Debt Relief and Cash Payout as Bailout Saga Ends

Eurozone ministers agreed debt relief and a big cash payout for Greece in the early hours of Friday paving the way for its program exit in two months’ time. “After eight long years Greece will finally be graduating from its...

Greece Appoints New CEO in Privatization Agency

Greece has appointed Riccardo Lambiris as the new chief executive officer of its privatization agency, the Hellenic Corporation of Assets and Participations (HCAP), on Tuesday. The Greek government is trying to speed up privatization projects, which is a prerequisite for the...

Greece’s Tsakalotos Certain of Disbursement Loan Tranche

Greek Finance Minister Euclid Tsakalotos expressed his confidence that the ESM will approve the disbursement of a loan tranche to Greece on Friday. Speaking to reporters, after a teleconference held by the European Stability Mechanism in which he participated, Tsakalotos...