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Greece’s Privatization Fund Announces Successful Sale of Thessaloniki’s Modiano Indoor Market

The sale of the landmark Modiano indoor market was announced by Greece's privatization fund Hellenic Republic Asset Development Fund (HRADF) on Tuesday. “HRADF expects another...

Italian Railways and Skoda Interested in Greek Railway Maintenance Company

Italian railways Ferrovie dello Stato Italiano SpA and Skoda Transportation SA were the two investment groups which submitted expression of interest for the purchase...

Greek Culture Ministry Seeks to Declare Elliniko as Archaeological Site

The Greek Culture Ministry is planning on declaring the old Athens Airport (Elliniko) as an archaeological site, as well as the area surrounding it....

Three Greek Public Assets Abroad Advertised for Sale in The Economist

The Hellenic Republic Asset Development Fund (HRADF), the body responsible for selling Greek public property, is attempting to reach potential buyers by advertising three properties located...

Greek Regional Airports Deal Back to Negotiating Table

The first privatization of the SYRIZA-ANEL coalition government is not finalized yet as German company Fraport, which has agreed to take over operations of 14 regional...

Tenders for Greece’s Two Main Ports to be Announced Soon

The Greek government and the Hellenic Republic Asset Development Fund (HRADF) will announce the dates for the tenders of Greece's two main ports...

Greek Finance Ministry Explains New Public Asset Fund

In order to secure a bailout deal with international creditors, Greek Prime Minister Alexis Tsipras had agreed to establish a fund that would monetize 50...

3 HRADF Board Members and Senior Management Face Serious Charges

Public Prosecutor for Corruption Eleni Raikou on Monday pressed criminal charges with potentially hefty sentences against senior management and three board members of the...

10 Assets Greece May Eventually Sell

Numerous articles have been published since Greek Prime Minister Alexis Tsipras reached an agreement with creditors, on how the country will be able to pay back its...

Astir Palace Resort Sale Blocked by Greek State Council

Greece's top administrative court blocked the sale process of a luxury Athens seaside resort to an Arab-Turkish fund. According to the State Council judges' decision,...

Development Company Claims ‘Elliniko’ Acquisition Was Legal

Lamda Development, the company that has acquired the former Athens International Airport at the southern suburb of Elliniko, stated that the process was fully...

Greek Culture Ministry Rents its Properties for Peanuts While Paying Rent for its Offices

The Greek Culture Ministry owns a number of buildings in Athens, but due to mismanagement, ends up paying rent to house its offices, while renting...

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