Calamos Supports Greece

Hellenic Republic Asset Development Fund (HRADF)

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 legal. The statement came just a few hours after Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis'...

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 its own properties for as low as 15 euros per month. The Hellenic Republic Asset Development...

SYRIZA Leader Meets With Activists Opposing Former Athens Airport Sale

Main opposition SYRIZA leader Alexis Tsipras met on Friday with activists campaigning for the conversion of the former Athens airport site at Elliniko, Greece , into a metropolitan park and expressed the party's support "for the struggle of Elliniko residents...

HRADF Receives Binding Offers for Regional Greek Airports

Fourteen regional airports from respective Greek cities will be privatized within the following months as the binding offers from potential investors have already been filed to the Hellenic Republic Asset Development Fund (HRADF) and according to the schedule, they...

Possible Merger of Athens and Thessaloniki Water Utilities

Water utilities of the two largest cities in Greece may merge. Athens Water Supply & Sewage Co. (EYDAP) and Thessaloniki Water Supply & Sewage Co. (EYATH) may become one company after efforts for their privatization were halted by legal obstacles...

State Audit Council Blocks Ellinikon Development Project

The privatization and utilization project for former Athens airport Ellinikon is in danger of getting lost in the labyrinth of Greek bureaucracy after the decision of the State Audit Council to temporarily freeze the signing of the contract between the Hellenic...