ABSTRACT
Greece is one of the hilliest countries in Europe and has the longest coastline in the Mediterranean Basin as it includes some 1,400 islands of which 227 are inhabited. Regardless of the scale of the projects that might need this central support, in Greece there is low involvement of regional and local authorities in Public Private Partnership (PPP) related financing and decision-making. Law 3389/2005 defined contractual PPPs for Greece, endorsed the Eurostat classification of PPP assets as being off balance sheet, and included the provisions of the European Union (EU) Green Paper on PPPs. All three sub-programmes foresaw funding for the elaboration of master plans in order to investigate the potential of implementing proposed partnerships and selecting cases that may be considered for PPPs. While the PPP law addresses many issues, as identified by the Expert Committee for PPPs, it still leaves some issues in ambiguity.
