ATHENS: Greece yesterday announced plans to auction some of the country’s state buildings online, as part of a privatisation drive required for the release of EU-IMF bailout loans.
The Hellenic asset development fund (HRADF) said its board had approved the procedure to create the necessary web-based platform and that the first e-auctions would begin on a test basis between July and September.
“This is an innovative effort aiming to maximise transparency, speed and the competitive intensity of our operations,” HRADF managing director Yiannis Emiris said in a statement. The agency said the new platform will offer “easy and immediate access” to technical and legal information on the auctioned properties.
Greece last month released a list of 28 state buildings for sale or lease.
AFP
