The primary goal of the government elected in March 2004 with regard to privatisations, was the decrease of the state's participation in the economy, boost competition and achieve better utilization of state owned property.

Privatisations, as a method of reallocating assets and economic activities from the public to the private sector, have emerged as a valuable tool in forming economic policy and promoting structural reforms that are aimed mainly at supporting economic growth and creating opportunities in multiple fields of economic activity.

The new era of privatisations is characterised by shifting towards methods that maximize benefits for the national economy.  Under this scope, it is important to focus on the value maximization of state owned enterprises, before the privatisation process commences. Thus, the government proceeds first with “mature” enterprises, the value of which is widely recognized in the market.

OECD Report regarding Greek Economy notices (Volume 2007/5, May 2007): «…the current government elected in March 2004, put the existing privatisation program under review, proceeding first with mature enterprises, the value of which is widely recognized by the market».

Since March 2004, the administration in charge has successfully implemented a series of privatisation transactions that contributed substantially in introducing structural reforms, enhancing competition and generated revenues of €6,314m thus reducing considerably the public debt. Moreover, this increased privatisation activity reintroduced Greece in the international investment arena, since 75% of the privatisation revenues came from foreign investors.

• Privatisation Revenues 2004-2007
  
  
• Information on each Privatization
  
  
• 2006 Privatisation Program
  
  
• 2007 Privatisation Program