Karamanlis: EYDAP Will Remain Property of the Greek State

ATHENS — "Water was, is and will be a public social good and ιτ is constitutionally guaranteed that 51 pct of EYDAP will remain the property of the Greek state. The privatisation of EYDAP is fake news," Infrastructure and Transport Minister Costas Karamanlis said on Wednesday in an interview with Action24 TV.

Karamanlis explained that EYDAP SA is a listed company, 60 pct of which belongs to the Greek state, while it is enshrined in the constitution that 51 pct of the company will remain in the hands of the Greek state. He emphasised that there was no question of privatisation.

He explained that the current government has decided that other financial instruments should be used for the maintenance of the water supply network and for upgrading the external water supply network, such as the public and private sector partnerships (PPPs). He pointed out that the Greek State uses PPPs for many projects, such as the power supply and the construction of schools.


ATHENS - The Hellenic Republic Asset Development Fund SA (HRADF), a member of the HCAP Group, on Tuesday launched a process for the development of Itea marina in the framework of its strategy for highlighting assets with a strong local footprint and enhancing tourism growth and development.

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ANKARA - Turkey's swiveling between offering diplomacy or gunboats and demands that Greece take troops off its islands near Turkey's coast is roiling the waters between the countries and plans to hunt for energy.

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NEW YORK – Grammy-nominated artist Eric Alexandrakis announced his latest release due out on February 1, titled Good Girls Never Waltz With Me, another new genre-bending addition to his critically acclaimed TERRA series of releases.

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ATHENS – Five members of the World Hellenic Interparliamentary Association (WHIA), with Rhode Island State Senator Leonidas Raptakis as head of the group, visited Evros on January 12-13.


Despite Huge Volcano Blast, Tonga Avoids Widespread Disaster

WELLINGTON, New Zealand — The blast from the volcano could be heard in Alaska, and the waves crossed the ocean to cause an oil spill and two drownings in Peru.