Press Review June 26: Thermopylae for sale
26/06/2014
Thermopylae, the site of the heroic last stand of Leonidas and 300 Spartans, is for sale; court decisions open a 1 billion euro hole in the budget; opposition to the…
HRADF
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αναρτήσεις
Libération: “Greece is selling whatever it can in order to reduce its debt.”
20/06/2014
The French Libération newspaper has produced a double page spread dedicated to the privatization efforts in Greece which it notes are taking place, ‘under the pressure of the troika,’ and…
Clash between Finance Ministry and PM alleged over Athens coastal privatization fiasco
04/06/2014
Following a recent decision by the Interministerial Commission for Privatizations, another package of high value properties and state assets was transferred to the Hellenic Republic Asset Development Fund (HRADF) with…
Privatisation of Athens Water Utility ruled unconstitutional
28/05/2014
The government’s plans to privatise Greek water utilities suffered a major setback when the Council of State, the country’s highest administrative court, blocked the transfer of state-owned shares in the…
Rare, pristine sand dunes of Elafonissos to be levelled for vacation homes and a hotel according to privatization plan
20/05/2014
The unique and beautiful white sand beaches and sand-dune ecosystem of Elafonissos in the Peloponnese have been transferred to the portfolio of properties to be sold to private investors by…
Government sells properties to Eurobank, in order to rent them back
14/05/2014
Would you sell a home or office you own, in order to rent it back at a loss? That’s what the Greek government has just done.
Hedge fund banks on profits from Athens water privatization
05/05/2014
Betting against US subprime mortgages in 2007 made him a billionaire. Now John Paulson is betting (some of) his hedge fund’s money on the Athens Water Utility, a state company…
Privatizing the Greek coast
05/05/2014
In a move that it would be generous to call misguided, a draft law prepared by the Finance Ministry on coastal development in Greece will do away with long-standing prohibitions…
Press Review April 29: Properties going, going, gone, for those with unpaid taxes
29/04/2014
Home auctions for those with unpaid debts to the state; the new Medium Term budget will bring higher taxes and smaller pensions; a major overhaul of trade union legislation is…
Hellinikon: Investor may walk if a casino is not on the cards
04/04/2014
The Hellenic Republic Asset Development Fund (HRADF) will not receive the first installment of the 915 million euros for the purchase of the site of the former airport at Hellinikon…