Tag: Hellenic Republic Asset Development Fund

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Prime Minister Mitsotakis Unveils 10-Point Plan for Attica’s Post-Fire Restoration

Prime Minister Kyriakos Mitsotakis has introduced a comprehensive 10-point action plan to restore Attica following recent wildfires. The plan includes immediate cleanup efforts, emergency financial aid for affected citizens and businesses, and large-scale reforestation projects. Additionally, the government will enhance fire prevention strategies, upgrade civil protection systems, and implement new policies for land management to protect against future environmental threats.

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Preferred Investor Withdraws Interest in LARCO; Ministry Responds

The preferred investor for LARCO’s assets, GEK Terna and AD Holdings, has withdrawn interest due to unfavorable conditions in the global energy market and the metals industry. The Greek Ministry of National Economy & Finance announced the cancellation of the tender and plans to redesign the transaction structure for a future auction.