Greek Supreme Court: Vodokanal privatization attempt is unconstitutional

The Greek State Council ruled on Friday that the transfer of a majority stake in Athens Water SA and Thessaloniki Water SA to the Hellenic Corporation of Assets & Offering (HCAP) privatization fund is unconstitutional. The Greek Supreme Court said that, in accordance with the constitution, the Greek state should have full control over the […]

The prosecutor intervened in the matter of increasing the authorized capital of DEI

The intervention of the Financial Prosecutor Christos Bardakis was caused by publications regarding an illegal increase in the authorized capital of the state-owned company DEN, which was announced in the previous days. The prosecutor issued an order for a preliminary investigation, whether there is a criminal conspiracy, corruption component or the issuance of insider information […]

Australian company wins tender to buy 49% of Greek electricity grids

Spear WTE Investments Sarl, a subsidiary of the Australian Macquarie Infrastructure and Real Assets Group (MIRA), was announced on Friday as the winner of the tender for the purchase of 49% Hellenic Electricity Distribution Network Operator (HEDNO) for 2.116 billion euros. The Public Power Corporation said in a statement that the offer values ​​the company […]

“Little Elliniko” is gaining momentum

A Greek presidential decree, published in a government newspaper, approves a special territorial development plan for the state-owned real estate (ΕΣΧΑΔ) of a 345-acre former US base in the Gournes area of ​​Hersonissos municipality, Crete. The publication of the decision completes a long process that includes the approval of the initial and updated strategic environmental […]

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