Authors: Leonidas Vatikiotis

Title: Public Private Partnerships: The Shatter of Public Interest by the Private Sector

Abstract

In this research there is a description of PPP according to the law and the experience of Greece. In contrast to what is said in Greece and abroad the sovereign crisis didn’t lead to the expansion of PPP. Greek and other EU governments despite the flexibility of Eurostat’s law haven’t announced many new projects. Following very concrete projects our conclusion is that PPP don’t guarantee the quality of public works, they transfer the risks to the state, usually are accompanied by serious delays in their delivery, they reproduce the corruption and undermine the so-called free competition, the labor wages, the quality of the environment, the public interest and public finance.

JEL Classification codes: L33 Privatizations, H83 Public Sector