Yesterday, September 22, 2021, the Amendment of the Concession Agreement regarding the use and exploitation of certain premises and assets within the Port of Piraeusas signed between the Greek State and PPA SA, the terms of which come into force by date of their ratification by the Parliament.
The Amendment Agreement effectively regulates by the parties, all the issues that arose during the implementation of the First Mandatory Investments in the Port of Piraeus.
In particular, uncertainties are removed from the existing contractual relationship for the benefit of the Greek State, while at the same time ensuring the smooth development of the contractual relationship of the parties, in order to further develop the Port of Piraeus. The fact that the port plays a key role in the Greek economy, is highlighted in the joint announcement of the Ministries of Finance and Shipping and Island Policy.
The Amendment Agreement provides for a new five-year deadline for the completion of the First Mandatory Investments in the Port of Piraeus in exchange for the provision of additional guarantees by PPA SA, which adequately safeguard the interests of the Greek State.
The signing of the Amendment Agreement marks for the Greek State the realization of another step towards the general purpose of promoting a healthy investment climate in the country, the two ministries point out.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Athens Int’l Airport Wins Top Prize at Routes Europe Awards
The Routes business is focused entirely on aviation route development and the company's portfolio includes events, media and online businesses
IOBE: Income Gap Between Poor and Wealthy Greeks Widens
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing
Study Finds 4 in 10 Greeks to Slash Easter Spending
This year, hit by persistent inflation, many Greeks will be dishing out less on food, drink and gifts for Orthodox Easter on May 5
ELSTAT: Overnight Stays in Greece Up in Feb.
The provisional monthly data revealed that arrivals at tourist accommodations amounted to 773,104 and overnight stays were 1,677,685
Electric Energy: Greece’s New Sustainable Export
Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy
IOBE Revises Greek GDP Growth Downward, to 2.1% For 2024
Annual inflation is expected to reach 3%, up from the previous forecast of 2.8%
Last Sections of 136km E65 Highway Inaugurated on Tues.
Athens to Karditsa drive time is expected to drop to two and a half hours (under normal conditions), and some three hours from Athens to Trikala
Reuters: Greece to Repay More Bailout Loans Ahead of Maturity in 2023
The country has relied solely on international markets for its borrowing needs since a third institutional bailout ended in 2018
Ag Min. Avgenakis: Greece-China Cooperation in Research, Education in Agri-Food Sector
Greek minister tours cutting-edge hydroponics and robotics facilities at the Chinese Academy of Agricultural Sciences in Beijing
Mini Holiday Season in Greece for Upcoming Orthodox Easter
Occupancy rates reach up to 90% domestically for accommodations open ahead of peak summer season
![Απάτες: Eκρηξη στις ηλεκτρονικές επιθέσεις σε τραπεζικές κάρτες πληρωμών [γραφήματα]](https://www.ot.gr/wp-content/uploads/2024/04/phishing-apati-pistotiki-karta-laptop-600x300.jpg)
