Athens won’t cut price in re­gional air­port deal

Kathimerini English - - Focus -

Greece will not cut the price of a deal with Ger­many’s Fra­port to lease some of its air­ports, the head of the coun­try’s pri­va­ti­za­tion agency told a Greek news­pa­per yesterday, de­spite re­ports that the Ger­man firm was seek­ing bet­ter terms. The gov­ern­ment chose the air­port man­age­ment group and its Greek part­ner, energy firm Copelouzos, last year as the pre­ferred bid­der to op­er­ate 14 re­gional air­ports in tourist des­ti­na­tions – one of the big­gest pri­va­ti­za­tions since a debt cri­sis took hold at the end of 2009. Fra­port has agreed to pay a lump sum of 1.2 bil­lion eu­ros and an­nual rental fees of about 23

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