Company updates Athens Airport Concession Deal Near Completion by GTP editing team 24 January 2019 written by GTP editing team 24 January 2019 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 10 Greece’s Economic Policy Committee (KYSOIP in Greek) approved the 20-year extension of the Athens International Airport SA (AIA) concession agreement during its meeting on January 21, according to press reports. The approval paves the way for the finalization of the transaction, following a delay which caused concern to AIA CEO Yiannis Paraschis. The new concession agreement was published in the Government Gazette and is now expected to be signed by Finance Minister Euclid Tsakalotos. Once signed, it is expected to be ratified by parliament next week and the transaction should be completed within 10 days. AIA SA paid a total of 1.1 billion euros to TAIPED, the Greek privatization fund, for the 20-year extension of the Athens airport concession to 2046. As of January 1 is was fined with 330,000 euros a day for the delay of the finalization of the concession agreement. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Wedding Tourism Next Target for Attica Region next post Athens’ Central Omonia Square to Undergo Restoration You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
