privatization

Greece announced on Monday that it is selling its entire 27 percent stake in Piraeus Bank. The announcement was met with strong demand by investors. The Hellenic Financial Stability Fund (HFSF)—a bank recapitalization tool established at the start of Greece’s...

The Athens International Airport (AIA) shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising more than 14 percent in midday transactions in heavy trading of more than 50 million euros. This follows after...

The Greek government has announced plans for the privatization of a leading children's hospital in its frenzy to privatize public assets and outsource services through public-private partnerships and contractors. "Agia Sophia" Children's Oncology Unit will become a legal entity under...

The Greek government has introduced a bill that could pave the way to the privatization of the water supply in Greece. The bill was introduced with limited public consultation this week, days before the date of the general elections is...

On Monday, Greece announced it is canceling the tender for the privatization of the port of Alexandroupolis due to its elevated geostrategic importance. Prime Minister Kyriakos Mitsotakis said the port in northern Greece near the border of Turkey will remain...

Hellenic Electricity Distribution Network Operator (HEDNO) has sold 49% of its stake to Australia’s Macquarie Infrastructure and Real Assets Group

Greece has launched the sale of gas distribution network DEPA Infrastructure, with the state and Hellenic Petroleum both selling their stakes in the jointly-owned operation, the country’s privatization agency said on Monday. The announcement was made during the 21st Annual...

Greece’s privatization agency announced on Tuesday that ten investment consortia have submitted expressions of interest for a 30 percent stake in Athens' Eleftherios Venizelos International Airport (AIA). The nation of Greece holds a 55 percent stake in the airport. Germany-based...

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...

The Athens International Airport El. Venizelos was granted a twenty-year extension to its concession agreement with the Hellenic Republic Asset Development Fund worth a total of €1.115 billion ($1.301 billion). The concession currently expiring in 2026, will run to 2046 following...