Tuesday, August 18, 2015

Greece approves deal for German firm to run 14 regional airports

The Greek government Tuesday approved a 1.23 billion euro ($1.36 billion) deal for Germany's Fraport-Slentel consortium to run 14 regional airports, publishing the decision in its official gazette.

The concessions, ranging in duration from 40 to 50 years, had been approved by the previous Greek government but were put on hold after the far-left Syriza party of Prime Minister Alexis Tsipras came to power in January.

It is the first privatization announced since eurozone ministers approved Friday a massive new bailout for debt-laden Greece.

Tuesday's gazette published a decree indicating that the government "approves" privatization agency Taiped's decision to award the concessions to Fraport along with a leasing agreement totalling 22.9 million euros a year.

In November, Fraport had issued a statement saying it had won a "privatization offer" for the airports, which include key tourist hubs such as Thessaloniki, Corfu, Rhodes, Kos and Santorini.

There was no immediate comment from Fraport.

The Tsipras government has agreed the privatizations of public assets as part of the deal reached its international creditors to win a new bailout worth 86 billion euros, approved by parliament Friday.

The creditors demanded the creation of a 50 billion euro privatization fund - notably concerning ports, airports and railways - to be managed by Athens but supervised by the international institutions.

Hardline Syriza dissidents reacted angrily to the airport concession announcment, saying it was the first step towards "a general sale of Greece."

 AFP
dailystar.com.lb
18/8/15

1 comment:

  1. La Grèce privatise 14 aéroports régionaux...

    Première privatisation importante du gouvernement Tsipras, Athènes tient ses promesses faites à l’Eurogroupe en vendant au consortium allemand Fraport-Slentel des aéroports régionaux pour 1,23 milliard d’euros.

    Quatre jours seulement après l’accord passé entre la Grèce et ses créanciers lors de la réunion de l’Eurogroupe du 14 août, Athènes tient ses engagements. Le gouvernement grec a officialisé, mardi, la cession des 14 aéroports régionaux au consortium allemand Fraport-Slentel pour 1,23 milliard d’euros, dans une décision publiée au Journal officiel. Il s’agit là de la première privatisation du gouvernement Tsipras dans le domaine des infrastructures -après la privatisation des droits des paris hippiques en avril- et elle représente l’un des plus importants plan de privatisation depuis le début de la crise grecque. Il y en aura d’autres : Athènes s’est engagé à 6,4 milliards d’euros de cession au privé sur la période 2015-2017........lesechos.fr
    18/8/15

    ReplyDelete

Only News

EL News

Blog Widget by LinkWithin