The successful completion of the Athens International Airport (El. Venizelos) initial public offering is one more step ahead for the Greek economy.
The strong interest by investors that led to an oversubscription by 12 times raised the share’s offering price to the upper limit of the range and the state’s total proceeds to 785 mln euros.
The listing of AIA on the Athens stock exchange boosts Greece’s capital market with the addition of a company of high market value.
This development follows many other initiatives in the seven months after the last elections from the part of the HRADF and the Hellenic Financial Stability Fund, including:
Divesting the stakes in Eurobank, Alpha and National Bank, the Hellenic Energy share offering, the concessions of regional ports (Heraklion, Kavala, Volos) and the Attica Road contract.
The government supported these initiatives with determination, indifferent to populist reactions as it believes in the investment momentum of its policies.
All these moves were very positively received by the markets and investors, which shows their confidence in Greece’s economy.
🐦🔗: https://nitter.cz/K_Hatzidakis/status/1753369737457770668#m
[2024-02-02 10:48 UTC]