Independent journal on economy and transport policy
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The new one slowly of privatizations of Greece previews the sale of the public quotas in the Harbour Authorities of the Pireo and Salonicco
The program includes the consolidation of the main regional ports
May 24, 2011
Yesterday the government of Athens has introduced a plan of cessions of public quotas in society in state shareholding enterprise with the objective to retrieve resources for 50 billion euros within 2015 in order to reorganize finances of the Country and in order to reduce the national debt avoiding some the restructure. The objective is to obtain the fifth tranche of the value of 12 billion euros of the plan of rescue granted from the European Union and the International Monetary Fund that would allow with Greece to avoid the failure.
In particular, the Council of Ministers Greek has approved of a package of measures that it previews to immediately place in existence the sale of quotas in the society of telecommunications (OTE), in the society electrical worker (PPC), in postal company (TT), in the municipial societies of the water of Athens and Salonicco (EYDAP and EYATH) and in the Harbour Authorities of the ports of Pireo (OLP) and of Salonicco (OLTH).
Currently the Greek State stops 74% of the capital stock is of the Piraeus Port Authority (OLP) that of the Thessaloniki Port Authority (OLTH) quoted to the Stock exchange of Athens and 100% of the remaining actions of the two societies. The plan previews the sale of the quotas the State in the two Harbour Authorities and the income of a strategic investor.
Moreover the plan previews the possible consolidation of the main Greek regional ports, with a subdivision between those of the region of the Attica, that is Pireo, Elefsina, Rafina and Lavrio, and the other regional ports of call between which the same port of Salonicco let alone Kavala, Volos, Alexandroupolis, Heraklion, Patrasso, Corfù and Igoumenitsa.
The plan introduced from the government at last includes the institution of a sovereign bottom in which making to meet the resources deriving from the cession of assets the publics and immovable assets.
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