ECONOMY

TAIPED promises creditors 16 tenders by February

State sell-off fund TAIPED pledged on Friday to the country’s creditors that it will have conducted 16 tenders by February with long-term revenues totaling some 1.5 billion euros.

These privatization tenders concern the much-publicized projects of the Piraeus and Thessaloniki port authorities, the regional airports, rail companies Trainose and Rosco, and marinas, among others. These tenders have been processed over the last few months, but without any deadlines for binding offers, with only a few exceptions.

In their meeting with the TAIPED officials, the creditor representatives expressed concerns about the legal problems that the development of the old airport at Elliniko and other projects are facing.