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the European Commission. The record of decisions of memoranda
is the following:
A.: Memorandum I (N.3845/2010)
The troika nominated the sale of 74.14% of the shares of
PPA SA.
Following a joint examination of the legal difficulties, the sale
of 23.86% of the shares of PPA SA was decided.
Provisions of L.3845/2010 included the following:
1.4.3 “The portfolio of ports will be reorganized into separate
groups, which requires the completion of several acquisitions.
About the PPA a sale of a 23.1 % stake is planned in the ...”
B.: Memorandum II (N.3985/2011)
In Annex VI for the Privatization Program (p. : 692, 722, 723
GG ) SOEs are divided into (a) Sale of shares, (b)
Concessions and (c) Real Estate. In the point 2012 Q 3 PPA
referred to as Port of Piraeus in column “Concessions” and
not “Sales” with a comment “Identifying appropriate policy.
Establish regulatory authorities by September 2012.”
C.: Memorandum III (Law 4093/2012)
In section 6.3.2 entitled “Maritime Activities in Ports” has
included the following sentence: “In line with the new ports
policy and the organizational model for the ports Hellenic
Republic Asset Development Fund (HRADF) defines a
particular privatization strategy mainly through concessions
in order to make better utilization of ports (February
2013)”.
Table on page 5633 of the same Law Gazette ( OG A
222/12.11.2012 ) in the column of the year 2014 as point 7
“Exploiting PPA, THPA and peripheral ports” without
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