Saturday March 28, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece names fifth privatization agency chief in four years

 Emmanuel Kondylis, a business administration professor, to become new TAIPED chairman

Greece has appointed a management professor to head its privatizations agency, the fifth leadership change since the agency was launched in 2010 to sell off state assets as required by the country's international bailout.

Emmanuel Kondylis, a business administration professor, will be the new chairman of the privatizations agency TAIPED, which has fallen behind on privatization targets that form part of Greece's 240 billion euro international bailout.

Kondylis, who has held top managerial posts at several Greek companies, will replace Constantinos Maniatopoulos who took over in October, the finance ministry said on Monday. It did not give a reason for the replacement of Maniatopoulos.

Greece also nominated Pashalis Bouhoris, a former banker, to replace TAIPED's current chief executive Ioannis Emiris.

Athens has so far signed privatization deals worth 4.9 billion euros since the its bailout four years ago, raising 2.69 billion euros in cash. The sum is far below an original target of 22 billion euros for 2010-2013. This has often been due to limited investor interest, plus regulatory and legal hurdles.

Greece has slashed this year's privatization receipts target to 1.5 billion euros from 3.6 billion after a plan to sell state natural gas company DEPA stumbled.

The country clinched its biggest privatization deal, a 915-million-euro property lease at the site of the former Athens airport, this year.

The nominations of Kondylis and Bouhoris are expected to be approved by a parliamentary committee. [Reuters]

ekathimerini.com , Tuesday Jul 29, 2014 (10:08)  
Fitch downgrades Greece amid bailout uncertainty
Bank accounts continue to bleed
Hania and Athens are the top picks for Easter visitors
Landlords to pay tax on unpaid rent
Disabled convicts to be freed early
A bill allowing prisoners with serious disabilities to be released early is due to be submitted to Parliament next week despite objections from some opposition parties. The would-be legislat...
Greek energy minister starts two-day visit to Russia on Monday
Energy Minister Panayiotis Lafazanis is due to meet his Russian counterpart Alexander Novak and the chief executive of energy giant Gazprom, Alexey Miller, in Moscow on Monday. Lafazaniss m...
Inside News
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Lets change the subject
Lets talk about the weather. The cloudy skies, the rain, storms and humidity, the overall heavy atmosphere. Its better to think of that than politics and politicians, whatever cuts they ma...
EDITORIAL
Too little, too late?
Many of the measures that are rumored to comprise part of the list that the Greek government is expected to submit to the European Commission, European Central Bank and the International Mon...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Disabled convicts to be freed early
2. Greek energy minister starts two-day visit to Russia on Monday
3. Opposition tells Tsipras to get control of his party
4. Vitsentzos Kornaros passenger ferry finally on its way
5. Foreign laborer dies after falling from 3rd floor of Iraklio building
6. A 5.3 Richter quake rattles area between Crete and Kasos
more news
Today
This Week
1. Fitch downgrades Greece amid bailout uncertainty
2. Let's change the subject
3. Opposition tells Tsipras to get control of his party
4. Disabled convicts to be freed early
5. Five arrested over debts to the state
6. Too little, too late?
Today
This Week
1. Next Monday is D-Day for state funds
2. EU asks Greece for more reforms to speed talks on bailout
3. PM faces Merkel amid race to detail reforms
4. Some more equal than others
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. Looking at the Chinese model
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.