The leftist Greek government’s wavering on the concession of the 14 regional airports to a Greek-German joint venture, Fraport-Slentel, is developing into a major political issue only days after a recently passed third memorandum clearly stipulates continued privatizations in the country.

In response to reports on Wednesday that the German company has demanded solid guarantees on the part of the government for the deal to proceed, and coupled with Fraport’s reservations regarding its ability to fund the investment due to political instability in Greece, the leftist government responded swiftly.

It clarified later on Wednesday that completion of the concession of the 14 regional airports under the terms explicitly laid down by the previous government, and included in the July 12 EU-19 Summit Agreement, would remain unchanged.

In other words, Greek PM Alexis Tsipras’ aides admit that one of the terms for the new Greek rescue plan to be agreed on by the EU partners was the concession of the 14 regional airports of the German company.

The Greek side warned that if the German company requests the alteration of any of the terms agreed this would result in a whole new renegotiation of the deal. Meanwhile, government spokesperson Olga Gerovasili accused Fraport of using all possible means to get a better deal, in an interview to Skai TV.