The Tsipras government’s coordinator for the delay-plagued Helleniko privatization in coastal southeast Athens on Wednesday referred to certain ” countermand conditions” linked to the massive size and scope of the real estate development project, naftemporiki.gr reports.
The nearly eight-billion-euro Helleniko privatization is billed as the largest land redevelopment deal in Europe at the moment, while also considered as a “litmus test” for the current hard left government volition to push through creditor-mandated “prior actions” and to allay foreign investors’ fears of obstacles to major investments in the country.
The official, Peti Perka, spoke to a radio station affiliated with the ruling party, SYRIZA.
Among others, she referred to 11 such “countermand conditions”, with the first being modifications in the original concession contract.
On a brighter note, she promised that a resolution to all outstanding bureaucratic and legal issues “is expected in the first half of 2019, if all goes well.”
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Konstantin von Wedelstaedt
