{"id":122246,"date":"2017-03-17T00:00:00","date_gmt":"2017-03-16T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/european-commission-approved-the-concession-of-14-regional-airports-in-greece-to-a-consortium-led-by-the-german-firm-fraport-ag\/"},"modified":"2026-03-28T14:03:02","modified_gmt":"2026-03-28T12:03:02","slug":"european-commission-approved-the-concession-of-14-regional-airports-in-greece-to-a-consortium-led-by-the-german-firm-fraport-ag","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/european-commission-approved-the-concession-of-14-regional-airports-in-greece-to-a-consortium-led-by-the-german-firm-fraport-ag\/","title":{"rendered":"European Commission approved the concession of 14 regional airports in Greece to a consortium led by the German firm Fraport AG"},"content":{"rendered":"<div>On March 17, the European Commission approved the transfer of 14 regional airports in Greece to a consortium led by the German company Fraport AG and announced that it is now up to the authorities in Athens to finalize the agreement &#8211; a key element of the financial assistance program.<\/div>\n<div><\/div>\n<div>The European Commission considers that the 1.23 billion EUR agreement can proceed because it does not involve state aid and is transparent.<\/div>\n<div><\/div>\n<div>Fraport and its Greek partner, Copelouzos Group, will take over the concession and manage 14 regional airports for 40 years &#8211; Thessaloniki, Mykonos, Santorini, Rhodes, Corfu, Zakynthos, Kefalonia, Kos, Lesbos, Skiathos, Samos, Chania, Kavala and Aktio.<\/div>\n<div><\/div>\n<div>The third financial assistance package obtained by Greece &#8211; worth 85 billion EUR &#8211; provides for a massive privatization program. The money obtained will be used to repay the loans received for bank recapitalization and to finance investments.<\/div>\n<p>Source: <a href=\"http:\/\/www.economica.net\" data-wplink-url-error=\"true\">Economica<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the value of the concession agreement?<\/strong><\/p>\n<p>The agreement is valued at 1.23 billion EUR and is a key part of Greece&#8217;s privatization program.<\/p>\n<p><strong>Who is part of the consortium managing the airports?<\/strong><\/p>\n<p>The consortium is led by the German firm Fraport AG, with the Greek Copelouzos Group as its partner.<\/p>\n<p><strong>How long is the concession period for the airports?<\/strong><\/p>\n<p>The contract grants the consortium the right to manage the 14 regional airports for a period of 40 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 17, the European Commission approved the transfer of 14 regional airports in Greece to a consortium led by the German company Fraport AG and announced that it is now up to the authorities in Athens to finalize the agreement &#8211; a key element of the financial assistance program. The European Commission considers that&hellip;<\/p>\n","protected":false},"author":0,"featured_media":66602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2856],"tags":[],"thb-sponsors":[],"class_list":["post-122246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conectivity"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/transport-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/122246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=122246"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/122246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/66602"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=122246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=122246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=122246"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=122246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}