Calamos Supports Greece

privatization

Leaked Document Reveals the Operation Plan for New 50Bln-Euro Fund

T A leaked excerpt from the final agreement between Greece and its European partners, describes in detail how the new 50-billion-euro fund will operate. The document was first published by Peter Spiegel. According to the official document, Greek authorities will have to...

Greek State Unblocks Piraeus Port Sale

A senior Greek official involved in the privatization process of the Piraeus port revealed to Reuters that Greece has asked three firms to submit binding bids by September 2015 for a 51% majority stake. The agency reports that unblocking the...

Greek EconMin: Seeking Funding for Infrastructure Projects Is Top Priority

Economy, Infrastructure, Shipping and Tourism Minister George Stathakis reiterated its intention not to pursue any new privatizations during a meeting with the British ambassador to Greece, John Kittmer. Stathakis briefed Kittmer on his ministry’s priorities which include planning the...

Greece to Review Airport Privatization Deal

Greece plans to review a 1.2 billion euro deal for German airport operator Fraport to run 14 regional airports, State Minister Alekos Flabouraris said. The deal was part of the previous government's privatization program. Fraport along with the Copelouzos Greek...

Minister of Productive Reconstruction: No Privatization of Power and Gas Companies

Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis announced today in parliament that the new government will put an end to privatization of public companies and implement all policies announced by the prime minister on Sunday. Lafazanis announced the cancellation...

Two Greek Ministries Disagree Over Port Authorities Privatization

The issue of the privatization of the port authorities of Piraeus and Thessaloniki has been the subject of disagreement between the ministries of finance and shipping. A senior finance ministry official said on Monday that the ministry is in favor...

SYRIZA's Intention to Renegotiate Privatization Deals Angers New Democracy

Ruling New Democracy party in Greece immediately responded and condemned suggestions expressed by main opposition SYRIZA representatives, who suggested that the country should renegotiate several privatization deals signed with foreign investors. Among the projects that SYRIZA intents to renegotiate...

OPAP's Privatization 'Not a Done Deal' SYRIZA Leader Claims

The privatization of OPAP, the former state betting agency, "is not a done event," main opposition Radical Left Coalition (SYRIZA) leader Alexis Tsipras warned on Friday in Athens. "For us, the national crime of privatizing OPAP, especially under the scandalous...

Greece Raises 10.3 Million Euros from State Property Sales

Six properties sold through the electronic platform "e-publicrealestate" have brought the Greek state upwards of 10,325,000 euros, the state's privatization agency HRADF said on Tuesday. The sale price was 14% higher than corresponding starting prices, the report adds. Another three...

Three Bids for Mobile Phone Frequencies Sale

Greece has received three bids for the sale of mobile phone frequencies aiming to the developement of the Greek telecom services. Greece's major telecom operators OTE, Vodafone and Wind Hellas have submitted their offers to buy mobile radio frequency rights within the...