#eyath

View On WordPress

#truestory #dejavu #ithinkivebeenherebefore #eyath https://www.instagram.com/p/CHGYcopHaPP/?igshid=qy7l5je77bwa

View On WordPress

A new multi- bill featuring some of the so-called prior actions that Greece must implement to unlock the next tranche of 2.8 billion Euros in rescue loans is expected to be submitted to the Parliament on Friday. The measures of the bill that will be debated over the next days before going to a vote on Tuesday include between others, the liberalization of the electricity market and the inclusion of a series of state organizations in Greece’s privatization portfolio. The state assets that will be privatized  are the Public Power Corporation, the Athens Water and Sewage Company (EYDAP), the Thessaloniki Water and Sewerage Company (EYATH), the Hellenic Vehicle Industry (ELBO), Attiko Metro and Buildings’ Infrastructures SA.

The path to the privatization of water in Greece was paved by the entry into the stock market in 1999 of the two major water companies, which led to the French multinational Suez entering the market. But it is now, with the loan agreement between the Greek government and the Troika of foreign lenders, that the real sell-off is to take place. For those citizens patient enough to read the whole document, there is a clause on page 682 of Law 4046/2012 which clearly includes in the macabre long list of assets to be privatized the two biggest water companies of Greece, both profitable: EYDAP (Athens and region) and EYATH (Thessaloniki and region).