Greek Liquidation Sale Begins: German Company Wins Privatization Bid For 14 Greek Regional Airports

Can you guess who gets the prize? That’s right, Germany’s Fourth Reich.

 

Greek Liquidation Sale Begins: German Company Wins Privatization Bid For 14 Greek Regional Airports

Who would have thought.

A German company, airport operator FRAPORT won the bid to operate and maintain 14 regional airports, considered to be top of the top in Greece. With an offer of 1.23 billion euro, the consortium of Fraport-Slentel (a unit of Greek energy group Copelouzos) won the bid to lease the regional airports for 40+10 years. Among the 14 regional airports are those on most popular tourist Greek islands like Mykonos, Rhodes, Kos, Santorini and Corfu. It is the first privatization deal under SYRIZA-ANEL coalition government and the biggest privatization deal in Greece since beginning of the crisis and the bailout programs in 2010.

Continue reading

Russians and Americans jostling for Temelín

New nuclear reactors are become a rarity in Europe, which makes the case of the Czech Republic’s Temelín power station all the more interesting, for which the Russians and Americans are engaged in a competition that involves politicians, lobbyists and secret services. Continue reading