Friday August 29, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Foot-dragging causes more sell-off delays

By Vangelis Mandravelis

The countrys privatizations program is suffering from yet more delays, with revenue targets diminishing every quarter as the few sell-off projects under way are moving very slowly due to the numerous necessary government decisions that are taking a long time.

For instance, the joint ministerial decision on the transfer of train carriages from Hellenic Railways Organization (OSE) to the Greek state was finally signed a few days ago, a year after the agreement with the European Commission that lifted the obstacle of state subsidies. The carriage ownership transfer was meant to cancel out past state subsidies to the railway company so that it could be privatized.

Another example is Egnatia Odos, the highway across northern Greece whose sell-off could not start until the number and type of toll charges were determined something which was delayed for over nine months. Eventually Greeces creditors set it as a prior action for the next tranche payment and the decision was made and published on April 10. There also are similar stories concerning the ODIE horse-racing organization and port authorities.

ekathimerini.com , Sunday April 27, 2014 (21:32)  
Foreclosures threat pushed back
Athens rental rates tumble
Transforming OPAP buys top-up firm
Stocks edge lower as companies report key H1 financial results
Exam results spell trouble for some universities
Almost 73,000 teenagers received the good news Thursday that they have gained places at university or technical colleges (TEIs) but it appears that new questions are to be raised about the v...
Police names suspects in 400,000-euro heist
The police on Thursday issued the names and photographs of three suspects it believes were involved in an armed bank robbery northwest of Athens last week that netted almost 400,000 euros in...
Inside News
SOCCER
Panathinaikos, PAOK and Asteras Tripolis through to Europa League group stage
There was a triple success for Greek soccer on Thursday as PAOK, Panathinaikos and Asteras Tripolis made it through to the Europa League group stage. PAOK had a challenging task after a 1-0 ...
SOCCER
Olympiakos drawn against Spanish, Italian and Swedish champions in CL
Olympiakos will face the champions of Spain, Italy and Sweden in the group stages of Europe's top soccer tournament, the Champions League. Thursday's draw in Monaco was not particularly kind...
Inside Sports
COMMENTARY
The Lotus-Eaters
Turkey, a country branded by some as undemocratic and maladjusted by European standards, recently elected a new president Recep Tayyip Erdogan in a vote that was transparent and with a c...
EDITORIAL
A good start for culture
It took decades for a decision as obvious as keeping Greeces most popular museums and archaeological sites open all day and all week to be reached and acted on, and now we are beginning to ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Panathinaikos, PAOK and Asteras Tripolis through to Europa League group stage
2. Foreclosures threat pushed back
3. Athens rental rates tumble
4. Transforming OPAP buys top-up firm
5. Olympiakos drawn against Spanish, Italian and Swedish champions in CL
6. Stocks edge lower as companies report key H1 financial results
more news
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. Hardouvelis, ECB executive discuss bank program, stress tests
3. Greece to relaunch tender for mutual horesebetting license
4. Venizelos invites Simitis and Papandreou to PASOK 40th anniversary event
5. EU's Frontex to take lead from Italy in Mediterranean immigration crisis
6. Bad debt provisions hit Greece's PPC first half net profit
Today
This Week
1. Brussels warns Greece over plans to allow construction near Korinos beach
2. Merkel cites euros construction flaws as economy sputters
3. Attack on gay couple in Athens leaves one man needing surgery
4. Purification rituals
5. Second man held over double murder in Mani
6. The battle against progress
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.