The €5bn-plus target for 2024 would be the highest amount raised from privatizations in a single year, he said.
As he said, this amount includes an estimated amount of €1.5 billion from the long-term concession of the Egnatia Road, a 658-kilometer motorway with toll stations in the northern part of the country. Originally, the deal was due to be completed in 2023, national elections have delayed court approval of the deal and its ratification by parliament. Greece had previously forecast privatization revenues of €2 billion for 2023 and €3.3 billion for 2024.
Two other major deals involve the sale of a 30% stake in Athens Airport through an initial public offering (IPO) and the long-term concession of Attica Road, a 70 km stretch, which will help raise "the highest revenue ever collected in one year" in 2024, said Mr. Politis, as reported by Reuters.
Greece plans to list shares in the Athens airport in the first quarter and the sale could fetch more than 750 million euros, Mr. Politis said, adding that German operator AviAlliance, which owns 40 percent of the shares, will buy another 10% at a premium to the IPO price.
Finally, Mr. Politis underlined that Greece is exploring ways of leveraging its listed holdings, such as Helleniq Energy, through the capital markets. TAIPED owns 35.5% of Helleniq.
