Amendment submitted by the entire Parliamentary Group of SYRIZA – Progressive Alliance with the first signature of the Leader of the Official Opposition Alexis Tsipras and its subject is the reinstatement of the shares of EYDAP and EYATH in the State.

The MPs of SYRIZA – PS emphasize:

– The decisions of the CoE of 2022 annulled the acts by which the majority package of 50% plus one share of the share capital, held by the Greek State in EYDAP and EYATH, was transferred to the Hellenic Holdings and Property Company SA.

– Moreover, this transfer was made with the strong diclension of article 2 of the law 4425/2016 which provided for commitments arising from the Constitution and obligations to comply with court decisions.

– The government with the provisions of articles 114-115 of law 4964/2022 in July 2022 tried to bypass the decisions no. 190 and 191 /2022 of the Plenary Session of the CoE, five months after their issuance and while he had full knowledge of them.

– The government chose to keep the shares of the EYDAP SA companies. and of EYATH S.A. to the super fund and introduced provisions for the non-transferability and non-seizure of the shares of the companies in question and the strengthening of the role of the General Assembly of the EESP, but also the legalization of the acts and decisions of the EYDAP and EYATH companies that have been taken after the transfer of the companies’ shares of those from the State to EESYP, as well as the actions and decisions of this company regarding the administration and management of the EYDAP and EYATH companies.

– SYRIZA-PS had filed an objection of unconstitutionality at the time. In support of the objection, Mr. Katrougalos emphasized that>.

– A few days ago, decisions of the Council of State were published, by which it ruled that the executive and legislative power, with articles 114 and 115 of Law 4964/2022, did not comply with the decisions of the Council of State 190 & 191/2022, by which the transfer of the shares of EYDAP and EYATH from the State to the Superfund was ruled unconstitutional. Subsequently, the Council of Ministers orders the Ministry of Finance to take all the necessary actions, within six months at the latest, in order to return the shares of EYDAP and EYATH to the State.

– With the law 5037/2023 which was passed a few days ago, the formation of the water policy and the supervision of the water supply and sewage service providers is removed from the state and comes under the responsibility of a Regulatory Authority. This choice of the government has intensified the concerns of citizens and scientific bodies as in this way the character of water as a social good is lost and the back door of privatization is opened.

– The control of EYDAP SA and EYATH SA by the Greek State is constitutionally mandated, not only by exercising supervision over them, but also through their share capital. The establishment of the return of the shares of EYDAP SA and EYATH SA to the State becomes necessary to stop any attempt to privatize them.

– With the proposed regulation, the shares of EYDAP SA and EYATH SA are transferred to the State from the Hellenic Holdings and Property Company SA. (EESYP S.A.)-TREASURY and in this way the direct control of the State over EYDAP SA and EYATH SA is ensured and the provisions of articles 114 and 115 of Law 4964/2022 are repealed.

– The central commitment of the SYRIZA PS is the defense of the public interest, the respect of court decisions and the assurance of the quality, universality, affordability of the operational services provided by EYDAP and EYDATH and in particular the permanent and continuous supply of water, sewerage, goods vital for the dignified living of people and their free development and therefore for their health as mandated by the Constitution.

Read the entire amendment HERE