“The successful completion of the disposal of shares of the Airport”El. Venizelos“from TAIPED is another step forward for the Greek economy” said today the Minister of National Economy and Finance, Kostis Hatzidakisregarding record bids for the shares of “El. Venizelos”, which exceeded the 8 billion euros.

In his statement, K. Chtazidakis continues:

“Firstly, the strong investment interest, which exceeded the offer by 12 times, raises the sale price of the shares to the upper limit of variation and the total revenues of the State to 785 million euros.

Secondly, the introduction of the Airport to the Greek stock market significantly strengthens the Greek capital market, with the addition of a company with a large capitalization.

Thirdly, this development comes in the wake of many other initiatives that took place within 7 months of the last elections, both on the part of TAIPED and on the part of the Financial Stability Fund. The disinvestment from Eurobank, Alpha and National Bank, the sale of shares of Helleniq Energy, the concession contracts of regional ports (Heraklion, Kavala, Volos), the concession contract of Attica Odos.

The government resolutely supported these initiatives, ignoring populist reactions, because it believes in the investment potential of this policy. All these moves have met with a very positive response from investors and markets. A fact that shows confidence in the Greek economy.

With these initiatives, the foundations are laid for attracting even more investment and for dynamic growth on solid foundations.”