Arab Today, arab today greece approves deal for german firm
Last Updated : GMT 10:49:42
Arab Today, arab today
Arab Today, arab today

To run 14 regional airports

Greece approves deal for German firm

Arab Today, arab today

Arab Today, arab today Greece approves deal for German firm

Greece has approved a review of $1.36bn
Athens - Arab Today

The Greek government on 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 privatisation announced since eurozone ministers approved on Friday a massive new bailout for debt-laden Greece.

Tuesday's gazette published a decree indicating that the government "approves" privatisation 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 "privatisation 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 privatations of public assets as part of the deal reached its international creditors to win a new bailout worth 86 billion euros, approved by parliament on Friday.

The creditors demanded the creation of a 50 billion euro privatisation 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".
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece approves deal for german firm Arab Today, arab today greece approves deal for german firm

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece approves deal for german firm Arab Today, arab today greece approves deal for german firm

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday