Tuesday September 2, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Selloff projects to approach target for 2013

By Vangelis Mandravelis

Three important privatization projects are penciled in for completion by March, according to the plan drawn up by the government and the state privatization fund TAIPED, and they concern OPAP, the Cassiope plot on Corfu and the state lotteries.

The biggest of the three is the sale of the states 33 percent stake in gaming company OPAP to private investors, which is set to fetch between 500 and 700 million euros. The concession of state lottery licenses will be announced within December, with the aim being to cash in some 250 million euros in advance and another 250 million over the course of the next 12 years, according to the terms of the concession agreement. Meanwhile, the utilization of the Cassiope plot is not expected to fetch any more than 25 million euros.

These three projects are expected to fetch between 800 million and 1 billion euros by the end of the first quarter of 2013. Adding the selloff of Public Gas Corporation (DEPA) and the gas transmission operator (DESFA), the sum will reach up to 1.5 billion euros, edging close to the target of 1.7 billion euros in revenues set for 2013.

ekathimerini.com , Sunday November 18, 2012 (20:34)  
Greece needs private debt overhaul, Piraeus Bank CEO says
Cheap energy pulls down eurozone producer prices in July
Greece sells 1.14 bln euros of 6-month T-bills, yield eases
New committee formed to assess progress of deregulation in closed-shop professions
Navys Prometheus brings doctors to remote Aegean islands
Naval support ship Prometheus will be touring the Dodecannese in the eastern Aegean from September 3-11 in order to provide residents of remote islands with primary healthcare, the Hellenic ...
Police seeks identity of woman injured in Thessaloniki hit-and-run
Police on Tuesday appealed to the public for help in identifying a woman who was hit by a motorcycle and left suffering serious injuries in Thessaloniki in August. The accident occurred on t...
Inside News
Grateful Saviola thanks Olympiakos, joins Verona
Former Argentina international Javier Saviola has thanked Greek champions Olympiakos for the "beautiful moments" during his season-long stint in Greece as he left the club to join Serie A ou...
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the peoples favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Navys Prometheus brings doctors to remote Aegean islands
2. Grateful Saviola thanks Olympiakos, joins Verona
3. Police seeks identity of woman injured in Thessaloniki hit-and-run
4. Armed robbers hold up post office in Thessaloniki
5. Greece needs private debt overhaul, Piraeus Bank CEO says
6. Cheap energy pulls down eurozone producer prices in July
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. New committee formed to assess progress of deregulation in closed-shop professions
4. Moderating expectations
5. Trial over 2013 murder of pawn merchant starts in Athens
6. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Attack on gay couple in Athens leaves one man needing surgery
4. Strong undersea quake occurs off island of Milos, felt in Athens
5. Greek quest for debt relief faces hurdles in Paris
6. Hardouvelis, ECB executive discuss bank program, stress tests
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.